by candy | Apr 8, 2024 | IRS, Taxes
As tax season approaches, many taxpayers feel the pressure to file their taxes on time. However, filing for a tax extension could be a smart financial move rather than a sign of desperation. That’s right—contrary to popular belief, asking for more time to file...
by Candy | Feb 12, 2024 | Featured, IRS, Taxes
The IRS is paying extra attention to Employee Stock Ownership Plans (ESOPs) as part of its efforts to make sure high-income taxpayers pay their fair share of tax. ESOPs are retirement plans where employees own stock in their employer’s company. However, these...
by Candy | Nov 23, 2023 | IRS, Taxes
Tax scams are not only on the rise but have become a thriving business for fraudsters, with millions, if not billions of dollars at stake. In this article, we aim to enlighten you about the current tax scams and offer guidance on protecting yourself from becoming a...
by Candy | Oct 27, 2023 | Business, Featured, IRS, News Letter
If your business hasn’t offered retirement accounts to your employees, you should consider doing so now, thanks to new tax credits available under the Setting Every Community Up for Retirement Enhancement (Secure) Act. A Wall Street Journal report reveals that...
by Candy | Oct 24, 2023 | Featured, IRS
Small business owners have some good news on the horizon. The Inflation Reduction Act is bringing improvements to the IRS phone service and online options. These changes will make it easier for your business to file online and respond to IRS notices. Here’s what...
by candy | Sep 15, 2023 | IRS
The IRS has always emphasized that they won’t contact you through text or email as their first point of contact. However, recently, residents in Floyd County, Georgia, were surprised when a man claiming to be from the IRS visited their homes. It turned out that...