For the last several years, the “Standard Deduction vs. Itemizing” debate has been a short conversation for most Americans. With the standard deduction nearly doubled since 2017 and the SALT …
With tax season fast approaching, the Internal Revenue Service (IRS) and its Security Summit partners have issued urgent new warnings for the 2025/2026 filing season. Cybercriminals are becoming increasingly sophisticated, …
This tax season is shaping up to be one of the most unique in history. With the passage of the One Big Beautiful Bill Act (OBBBA) last July, millions of …
The Internal Revenue Service today announced tax relief for individuals and businesses affected by Hurricane Lee anywhere in Maine and Massachusetts. These taxpayers now have until Feb. 15, 2024, to …
The IRS is reminding taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is Sept. 15, 2023. Taxpayers not subject to withholding may need to …
Scams used to be easy to identify. Maybe you’d get an email from a foreign prince claiming to need help cashing a check, or you’d get a robocall about a …
Kids are expensive. Whether someone just brought a bundle of joy home from the hospital, adopted a teen from foster care, or is raising their grandchild. There are several tax …
People have more time than usual to file tax returns to claim their refunds for tax year 2019. The three-year window to file 2019 income tax returns was postponed to …
As aggressive marketing continues, the Internal Revenue Service has renewed an alert for businesses to watch out for tell-tale signs of misleading claims involving the Employee Retention Credit. The IRS and …
All taxpayers who missed this year’s April 18 tax-filing deadline should file as soon as possible. Taxpayers who owe and missed the deadline without requesting an extension should file quickly …
