The IRS Alerts Taxpayers of Suspected Identity Theft by Letter
The IRS Alerts Taxpayers of Suspected Identity Theft by Letter Scammers sometimes use stolen Social Security numbers to file fraudulent tax returns and collect refunds. To prevent [...]
Emergency Preparedness Plans Should Include Financial Records and Tax Information
Emergency Preparedness Plans Should Include Financial Records and Tax Information People should put together an emergency preparedness plan for their household – and include copies of their [...]
Installing Solar Panels or Making Other Home Improvements May Qualify Taxpayers for Home Energy Credits
Installing Solar Panels or Making Other Home Improvements May Qualify Taxpayers for Home Energy Credits Homeowners who make improvements like replacing old doors and windows, installing solar [...]
After a Disaster, Here’s Where Taxpayers Can Find IRS Information Fast
After a Disaster, Here’s Where Taxpayers Can Find IRS Information Fast Rebuilding after a natural disaster can [...]
School Sales Tax Holiday 2023
School Sales Tax Holiday 2023 The 2023 Back-To-School Sales Tax Holiday is right around the corner. Every [...]
Disaster Preparedness Sales Tax Holiday 2023
Disaster Preparedness Sales Tax Holiday 2023 Annually several states offer sales tax holidays and/or tax-free dates to [...]
Hobby or Business: Here’s What To Know About That Side Hustle
Hobby or Business: Here’s What To Know About That Side Hustle Sometimes the line between having a [...]
Rep. Byron Donalds & Sen. Rick Scott Lead Letter To President Biden In Support Of Hurricane Tax Relief Act
Due to the impacts from the 2022 Hurricane Season on so many Floridians, we decided to share [...]
Taxpayers and Tax Pros Should Learn about These Common Tax Scams
Taxpayers and Tax Pros Should Learn About These Common Tax Scams While scammers work hard during tax [...]
Here’s What Taxpayers Need To Know About Business Related Travel Deductions
Here’s What Taxpayers Need To Know About Business Related Travel Deductions Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good [...]
Estate Tax Portability Election Relief
Estate Tax Portability Election Relief Revenue Procedure 2022-32 provides a simplified method for certain estates to obtain an extension of time under § 301.9100-3 to file a return on or before the fifth anniversary of [...]
Claiming A Child As A Dependent When Parents Are Divorced, Separated Or Live Apart
Claiming A Child As A Dependent When Parents Are Divorced, Separated Or Live Apart Parents who are divorced, separated, never married or live apart and who share custody of a child with an ex-spouse or [...]
Here’s What Businesses Need To Know About The Enhanced Business Meal Deduction
Here’s What Businesses Need To Know About The Enhanced Business Meal Deduction The IRS encourages businesses to begin planning now to take advantage of tax benefits available to them when they file their 2022 federal [...]
IRS Increases the 2022 Standard Mileage Rate to 62.5¢ per mile
IRS Increases the 2022 Standard Mileage Rate to 62.5¢ per mile The IRS has announced a change in the standard mileage rate that will take effect on July 1, 2022. The new rate is 62.5¢ [...]
The Where’s My Refund Tool Is Now Better Than Ever
The Where's My Refund Tool Is Now Better Than Ever The IRS recently rolled out a new and improved Where's My Refund tool. This updated tool allows taxpayers to check the status of their refunds [...]
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