Tax information from the IRS and shared by Vernoia, Enterline + Brewer, CPA LLC.
For many people, summertime means change. Whether it’s a life change like a marriage or a typical summer event – like sending the kids to camp – things people do in summer could affect their income taxes. Here are a few summertime activities and tips on how taxpayers should consider them during filing season. Getting […]
How Summer Activities Impact Taxes Read More »
Parts of Arkansas, Indiana, Mississippi and Tennessee affected The Internal Revenue Service reminded individuals and businesses in parts of four states that their 2022 federal income tax returns and tax payments are due on Monday, July 31, 2023. The IRS normally provides relief, including postponing various tax filing and payment deadlines, for any area designated
Storm Victims in 4 States: File and Pay by July 31 Read More »
Many people requested an extension to file their tax return after the usual April deadline. These filers have until Oct. 16, 2023, to complete and file their tax return. The IRS suggests that those who already have the forms and information they need file now – there’s no advantage to waiting until the deadline and
Tips for Extension Filers Read More »
Taxpayers see wave of summer email, text scams; IRS urges extra caution with flood of schemes involving Economic Impact Payments, Employee Retention Credits, tax refunds The Internal Revenue Service warned taxpayers today to be on the lookout for a summer surge of tax scams as identity thieves continue pounding out a barrage of email and
Scams and Schemes: IRS Urges Caution Read More »
If a taxpayer disagrees with an IRS decision, they may be able to avoid the time and expense of a court trial by asking the IRS Independent Office of Appeals to review their case.
What to Expect After Requesting a Tax Appeal Read More »
Whether someone is entering the workforce for the first time or changing jobs, filling out new hire paperwork can feel overwhelming.
What Employees Need to Know About Income Tax Withholding Read More »
Helping Businesses That Hire from Eligible Groups Finding work can be hard for anybody and certain groups face even bigger challenges.
The Work Opportunity Tax Credit Read More »
When employers hire people with disabilities or make their business accessible to employees and customers with disabilities, they may be eligible for certain tax benefits.
Tax Benefits Offset Cost of Making Businesses Accessible to People with Disabilities Read More »
Homeowners who make improvements like replacing old doors and windows, installing solar panels or upgrading a hot water heater may qualify for home energy tax credits.
Solar Panels or Other Home Improvements May Qualify for Home Energy Credits Read More »
People should put together an emergency preparedness plan for their household – and include copies of their vital records and financial information.
Emergency Preparedness Plans Should Include Financial Records and Tax Information Read More »