IRS Announces Rate Increase for Q3

IRS Announces Rate Increase for Q3

Due to interest rates and inflation rapidly increasing, the Internal Revenue Service (IRS) has increased their interest rates for the third quarter. The reason for this increase is due to the rate of inflation being at its highest in the last 40 years.  The...
Remote Workers and State Tax Audits

Remote Workers and State Tax Audits

If you are an individual who worked in another state during 2021, you may receive a state tax audit notice. With remote work continuing to increase across the country, we will most likely see a large amount of these dual-state workers due to the new workplace...
IRS Suspends a Majority of Notices

IRS Suspends a Majority of Notices

https://youtu.be/c4KOiHuNCPg In order to be more timely with returns, the IRS has suspended multiple notifications that are mailed to taxpayers. Due to limited resources, the IRS has determined that suspending certain letters will allow them to better utilize their...
Tax Deduction Opportunities for the Self-Employed

Tax Deduction Opportunities for the Self-Employed

There are many valuable tax deductions available to self-employed entrepreneurs. As a small business owner, it is important to take advantage of these opportunities to help boost your income and improve your bottom line. Tax deductions can also help lower your tax...

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