Jul 12, 2023 | Uncategorized
Tax Scam Misleading People The Internal Revenue Service warned taxpayers to be on the lookout for a new tax scam mailing that tries to mislead people into believing they are owed a refund. The new scheme involves a mailing coming in a cardboard envelope from a...
Feb 20, 2023 | Uncategorized
The IRS announced that interest rates will remain the same for the calendar quarter beginning April 1, 2023. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. Here is a complete list of the new rates: 7% for...
Dec 11, 2022 | Uncategorized
The Internal Revenue Service announced that interest rates will increase for the calendar quarter beginning January 1, 2023. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, up from 6% for the quarter that began on...
Jun 5, 2020 | Uncategorized
If you are one of the many Americans who were affected by COVID-19 you may be wondering what will happen with your tax return. If you owed money to the IRS, you may be able to get back some of the money you lost through unemployment or business closure. If your...
Feb 4, 2020 | Uncategorized
Small business owners should find out if they can benefit from claiming this deduction. The home office deduction can help small business owners save money on their taxes. Taxpayers can take this deduction when they file their taxes if they use a portion of...
Jan 23, 2020 | Uncategorized
While many people are required to file a tax return, it’s a good idea for everyone to determine if they should file. Some people with low income are not required to file but will need to do so if they can get a tax refund. Five Tips for Taxpayers Who are Deciding...
