Bankruptcy is a last resort for taxpayers to get out of debt. For individuals, the most common type of bankruptcy is Chapter 13.
Understanding Federal Tax Obligations During Chapter 13 Bankruptcy Read More »
Summer has slipped away and another school year has started. As kids head back to the classroom, parents are ticking items off the school supply list. If they want to boost their back-to-school budgets, parents and guardians should make sure they aren’t missing out on their 2021 refunds and tax credits.
Parents Boost Their Back-to-School Budget Read More »
Businesses hanging up their Help Wanted signs should be sure to check out the work opportunity tax credit.
Business: Work Opportunity Tax Credit Read More »
Making the dream of owning a home a reality is a big step for many people. First-time homeowners should make themselves familiar with authorized deductions, programs that can assist with home ownership and the use of housing allowances that can be beneficial.
Know What’s Deductible After Buying A First Home Read More »
$1.2 Billion in IRS Penalty Relief Refunds Coming for Certain 2019 and 2020 Tax Returns To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late.
$1.2 Billion in IRS Penalty Relief Refunds Read More »