Tax information from the IRS and shared by Vernoia, Enterline + Brewer, CPA LLC.
When someone dies, their surviving spouse or representative files the deceased person’s final tax return. On the final tax return, the surviving spouse or representative will note that the person has died. The IRS doesn’t need any other notification of the death.
How to File a Final Tax Return for Someone Who Passed Away Read More »
The arrival of summer also means the start of hurricane season. One way taxpayers can prepare for any type of natural disaster is by knowing what to do about important documents and paperwork that might be lost after a disaster.
Disaster Resources to Help Taxpayers Weather Summer Storms Read More »
A lot of families move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.
Tax Reminders for People Selling a Home Read More »
Public Law 86-272 can shield companies from state income tax liability when doing business over the internet.
Internet Activities Protected From State Tax Read More »
The Department of the Treasury and the Internal Revenue Service have received requests from taxpayers and their advisors for relief from penalties arising when additional income tax is owed because the deduction for qualified wages is reduced by the amount of a retroactively claimed employee retention tax credit (ERTC), but the taxpayer is unable to
Penalty Relief Related to Claims for the Employee Retention Credit Read More »
The federal income tax deadline has passed for most individual taxpayers. However, some haven’t filed their 2021 tax returns or paid their tax due.
What to Do if You Missed the April Tax Deadline Read More »
Here are six reasons you should open a letter received from the IRS via the USPS:
Open and Carefully Read Mail from the IRS Read More »
The Internal Revenue Service reminds tax-exempt organizations that many have a filing deadline of May 16, 2022.
Many Tax Exempt Organizations Must File by May 16 Read More »
The Internal Revenue Service reminded taxpayers how to avoid common errors on their tax returns.
Avoid Tax Return Errors That Can Delay Processing Read More »
Many taxpayers create durable powers of attorney for estate planning or other purposes.
Can You Use that Durable Power of Attorney Before the IRS? Read More »