by candy | Sep 1, 2023 | Featured, IRS, Taxes
As a business owner, you may receive important letters regarding compliance requirements for your company. Among these, unclaimed property notices are significant and should be handled carefully to avoid legal issues. This blog provides an overview of unclaimed...
by candy | Jul 7, 2023 | IRS, Shared
Through the Inflation Reduction Act, the IRS is slated to receive nearly $80 billion in agency funding over the next decade. According to the Morning Consult/Politico Poll, it was found that a majority of voters are not worried about being audited although the IRS had...
by candy | Jun 27, 2023 | Featured, IRS, Shared, Taxes
If you are looking to hire new employees, consider taking advantage of the work opportunity tax credit. This incentive is meant to encourage you to hire individuals facing difficulties in finding employment. The credit has been extended until the end of 2025. There...
by candy | Jun 23, 2023 | IRS, Taxes, Video Blogs
As an entrepreneur, you are required to report certain payments to the IRS made to vendors each year on Form 1099. To do so, you must ask them to submit a form W-9 Request for Taxpayer Identification Number and Certification. If you receive a notice from the IRS that...
by candy | May 19, 2023 | IRS
The Internal Revenue Service has released its annual “Dirty Dozen” list, highlighting the top twelve tax scams and schemes you should know about that target individuals, businesses, and tax professionals alike. I’ll explain the items on the list to help...
by candy | May 16, 2023 | Featured, IRS, News Letter
The IRS has recently released their 10-year strategic operating plan, which outlines their goals and objectives for the next decade. Let’s take a closer look at what the plan entails and what it means. The plan, which was developed by the IRS in collaboration with...
