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…
Author Archives: CPASNET
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.
One only needs to read the daily news to realize that hackers are getting better and protecting your personal data is more important than ever. Criminals continue to steal large amounts of personal data from taxpayers. Taxpayers can follow a few simple steps to protect their personal and financial data online.
Taxpayers might be eligible for a tax refund and don’t even know it. The IRS reminds taxpayers that they might qualify for a tax credit that can result in money in their pocket. Taxpayers need to file a 2017 tax return to claim these credits. Below are four tax credits that can mean a refund for eligible taxpayers:
The Internal Revenue Service, state tax agencies and the tax industry urges all employers to educate their payroll personnel about a Form W-2 phishing scam that made victims of hundreds of organizations and thousands of employees last year.
The Internal Revenue Service recently issued the 2018 optional standard mileage rates to be used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Our 24th mid-year meeting was held in Fort Worth, Texas. Over 20 attendees including members, prospects and partners attended the one-and-a-half-day conference. Below is a synopsis of the session highlights.