IRS Payment Options for Taxpayers Who Owe
Authored by the IRS, March 22, 2022The Internal Revenue Service reminded taxpayers who have a tax bill that there are several ways to make payments, and there are options for...
11 April, 2022
tax tips Tag
Saving Taxes on Your Home and Other Real Estate
View Real Estate Tax Planning GuideThere are many ways you can maximize the tax benefits associated with owning a principal residence, vacation home or rental property. Tax planning is also...
09 February, 2022
New IRS Online Identity Verification
Authored by the IRS, December 7, 2021The IRS recently launched an improved identity verification and sign-in process that enables more people to securely access and use IRS online tools and...
01 February, 2022
Smile! New IRS identity verification process requires a selfie
(authored by RSM US LLP) The IRS is tackling identity theft by using ID.me verification technology to guard access to online services....
31 January, 2022
1099 Reminder
Please be aware that your business is required to file the form 1099-NEC, Non-Employee Compensation, for each person, partnership, or LLC to whom you have paid $600 or more for...
04 January, 2022
Oops, You Overfunded Your 529 Plan
If money is held too long in a Section 529 college savings plan, there could be tax consequences. This article describes alternatives for savers who have overfunded their accounts. Oops, you...
08 November, 2021
Get an IRS Identity Protection PIN
ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This is an extra step to help prevent tax fraud....
04 November, 2021
IRS Releases 2021 Limits for Depreciation Deductions for Autos
(authored by RSM US LLP) Revenue Procedure 2021-31 lists depreciation limits for owners of passenger autos placed in service in 2021 and lessees' income inclusions....
10 August, 2021