How to identify a tax or phishing scam
With elaborate tax scams resurging in recent years, it is becoming increasingly important to be more financially literate and to exercise caution. In an ever-evolving digital world, the endless new … Read More
Foreign Bank Accounts: Deadline For Filing is Fast Approaching
With tax season nearing its end, many throughout the United States are making sure they’ve covered all of their bases. While domestic taxes may be at the forefront of your … Read More
Want To Travel? Contact The IRS.
Last year, we gave readers a reminder regarding their federal taxes: Do them, or risk losing your passport. If you recall, the IRS had issued a warning to taxpayers highlighting … Read More
Five Red Flags For IRS Tax Audits
We’re currently in the midst of tax season, and while many have already filed, others are still holding out until the April deadline. If you haven’t submitted your taxes yet, … Read More
Two Reasons To File Your Taxes Early
Take it from us; every tax season there is a steady stream of taxpayers clamouring to file before the April deadline. After all, with a window consisting of a few … Read More
Tax Season: Open For Business
Congratulations; the government shutdown is officially over, and the Internal Revenue Service has returned to business as usual. This means the long road of catching up with paperwork, returning inquiries, … Read More… Read More
Treasury Department Announces Tax Time Leniency
If you read our article on tax withholding changes near the end of 2018, you already knew that there would be a bit of uncertainty surrounding this year’s filing. Some … Read More
New Form 1040 Makes Tax Season Debut
After much back and forth with the public, the IRS has released the final version of its newly redesigned Form 1040. Fulfilling the Tax Cuts and Jobs Act’s promise to … Read More
IRS: No Taxes On Private Company Stocks For Up To Five Years
The IRS recently issued Notice 2018-97, providing clarification for a recent change in tax law regarding the value of qualified stock options from privately-held corporations, also known as Section 83(i). … Read More
Four Ways To Protect Your Personal Data
As Americans head to the stores to do their Christmas shopping, the Internal Revenue Service and Summit Partners are issuing a warning for increased criminal activity online. Phishing and other … Read More
Social Security Taxes On The Rise
As we wrap up the 2018 tax season, it’s important to keep our eyes focused on what’s ahead. As we’ve mentioned in previous articles, this year has been marked by … Read More
IRS: Avoid A Tax-Time Surprise
2018 has seen the most changes to tax law since the 1980’s, and as a result, accountants everywhere are working hard to keep clients up to date. In order to … Read More