by candy | Jul 22, 2024 | Featured, IRS
As a business owner, you may be interested to know that the Internal Revenue Service (IRS) recently released Notice 2024-18, offering valuable insights into how you can navigate the requirement to electronically file income tax forms, especially if it conflicts with...
by candy | May 27, 2024 | Featured, IRS
You’ll be interested to know that the Internal Revenue Service (IRS) has recently introduced an initiative called Simple Notice, aimed at revamping its notices to make them more user-friendly for taxpayers. This initiative is part of the IRS’s broader...
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...