Check Your Payroll Withholding – Things Have Changed

With the recent Tax Cuts and Jobs Act (TCJA) that was passed back in November of 2017, we’ve been dedicated to covering every available aspect of the new tax law as the information becomes available. Today’s topic? The small, but crucial changes to the rules of...

Justice Department Breaks Up Massive IRS Scam

Four years, 15,000 victims, hundreds of millions of dollars stolen, and over 50,000 individuals’ personal information abused – the U.S. Justice Department announced the arrests and closure of the first multinational, large-scale IRS phone scam the nation has seen....

How to Ensure Your Officer Compensation is Reasonable

Throughout this year of economic upheaval, Congress and the US Treasury Department has put continual pressure on the IRS to produce additional tax revenue; the tax administration quickly responding with the intention to increase its enforcement of audits. A common...

What to Do if You Receive an IRS Notice in the Mail

Let’s be honest: it can be scary to receive a notice from the IRS in the mail – our minds often jumping straight to worst case scenario of racked up penalties, or wondering if it could be a scam… Thankfully, unlike phone calls from those claiming to be IRS...

The IRS Moves Forward with Five-Year Plan

The recent Tax Cuts and Jobs Act (TCJA) has made some big changes to the nation’s tax landscape, and in the spirit of renovation, the IRS has made it clear they’re not going to stop there. Starting in 2018 and ending in 2022, the IRS has announced the details to their...

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