Can’t Pay Your Taxes? Here Are Some Payment Options cover

Can’t Pay Your Taxes? Here Are Some Payment Options

There are those who for one reason or another end up owing on their taxes. Of those who owe, many can’t pay their taxes by the return due date (April 18).
The Tax Filing Deadline Is Drawing Near cover

The Tax Filing Deadline Is Drawing Near

Filed your 2022 tax returns? April 18 is the tax-filing deadline. Make sure to file your return or file for an automatic extension by this date.
Who Claims the Children’s Tax Benefits - You or Your Ex-Spouse? cover

Who Claims the Children’s Tax Benefits - You or Your Ex-Spouse?

Tax law has specific, complicated rules about who profits from child-related tax benefits. Children’s tax benefits are numerous. Read on for more info!
Implications of the R&D Tax Policy Changes on Manufacturers Everywhere cover

Implications of the R&D Tax Policy Changes on Manufacturers Everywhere

Do you know about a recent R&D tax policy change? It will impact the way that R&D is handled when it comes to income taxes in the United States.
Annual Adjustments to Penalties for Health Benefits & Employer Plans cover

Annual Adjustments to Penalties for Health Benefits & Employer Plans

DOL announced 2023 annual adjustments to penalties for benefits-related violations. 2023 adjustments are effective for penalties assessed after 1/15/2023.
What Do You Do If the IRS Wants to “Audit” Your Tax Return? cover

What Do You Do If the IRS Wants to “Audit” Your Tax Return?

The word “audit” tends to strike fear in the hearts of American taxpayers. However, the truth is that not every audit is a result of a problem.
Employers Should Be Wary of ERC Claims That Are Too Good to Be True cover

Employers Should Be Wary of ERC Claims That Are Too Good to Be True

The ERC was a tax credit for employers that kept workers on staff during the pandemic. It is no longer available, but eligible employers can still claim it.
The IRS Achieves a 99% Conviction Rate - Say No to Tax Evasion cover

The IRS Achieves a 99% Conviction Rate - Say No to Tax Evasion

The IRS recently came out with its annual Enforcement Report. If you've ever considered tax evasion, the numbers are very firmly against you.