If you, your spouse or a dependent are heading off to college in the fall, you may be able to claim a tax credit on your federal tax return. Below we have highlighted some of the credits that may save you money at tax time. Contact one of our professionals to see if you are eligible to claim education credits.
Author Archives: CPASNET
Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss. Doing this may be essential for tax purposes, getting federal assistance, or insurance reimbursement.
If your firm is on Facebook, you may be surprised by the look of your company page. On August 24th, Facebook updated all business pages to one of its new designs. The new layout aims to help businesses showcase essential information and make it easier for people to engage with your company online. There are several changes to be aware of; below is a summary of what you need to know.
This year’s annual meeting, held in Chicago, Illinois, was attended by over 30 attendees including members, prospects, and international guests. Below you will find a synopsis of the two-and-a-half-day conference.
Students and teenagers often get summer jobs to earn extra spending money or to save for later. The IRS offers a few tax tips for taxpayers with a summer job…
The “Where’s My Refund?” tool is available on irs.gov and through the IRS mobile app, IRS2GO. Updated daily, “Where’s My Refund?” has the most up-to-date information about the status of your refund. The tool displays when your return is received, approved and sent. After the IRS approves the refund, an actual refund date is provided.
The Internal Revenue Service recently released an updated Withholding Calculator and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following the major changes in the tax law.
The Internal Revenue Service warns taxpayers of a new twist on an old scam in which criminals’ steal client data from tax professionals, file fraudulent tax returns and deposit the erroneous refund into the taxpayers’ real bank account. They will … Continued
In our cyber security practice, we receive many calls. Each call is different, but common elements emerge. Below are 6 lessons we have learned and some advice people wish they had heard sooner.