No matter how careful you are, identity thieves may be able to steal your personal information. If this happens, thieves try to turn that data quickly into cash by filing fraudulent tax returns. The IRS, state tax agencies and the … Continued
Employers subject to the Affordable Care Act’s (ACA) information reporting requirements are reminded that the deadlines to file and furnish Forms 1094 and 1095 are quickly approaching. The reporting deadlines in 2017 are for reporting information on the 2016 calendar … Continued
It is likely your firm already incorporates advertising into its marketing initiatives. It is also likely that your messaging strategy promotes thought leadership within a particular industry or service offering. While both of these approaches work well individually, they can … Continued
The Internal Revenue Service issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use … Continued
As tax filing season approaches, the Internal Revenue Service is reminding taxpayers there are things they should do now to get ready for filing season. Charitable Deductions For most taxpayers, Dec. 31 is the last day to take actions that … Continued
For tax year 2017, the Internal Revenue Service announced annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2017 of greatest interest to most taxpayers include the following dollar amounts:
You filed your taxes and now you get a letter from the IRS. What should you do? According to the IRS your notice or letter will explain the reason for the contact and give you instructions on how to handle … Continued
All organizations are susceptible to crises, including accounting firms. Normally, when business owners think about the effects of a disaster they envision large catastrophic disasters that affect an entire region. The truth is, there are many types of disasters that … Continued
Day camps are common during the summer months. Many parents enroll their children in a day camp or pay for day care so they can work or look for work. If this applies to you, your costs may qualify for … Continued
Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from the IRS: Don’t panic. You can usually deal with a notice simply by responding to it. Most IRS … Continued