Video Tips: Take Advantage of Tax Credits for Energy-Efficient Home Improvements
Homeowners, explore several clean energy tax credits for your home improvements.
September 26, 2023
Tax
Foreign Account Reporting for 2022 Due October 16
U.S. citizens and resident aliens with financial interests in or authority over one or more foreign financial accounts (e.g., bank accounts or securities) may need to report these relationships to the U.S.
September 22, 2023
Video Tips: Possible Changes to Your Tax Situation While Getting a Divorce
When couples separate or divorce, the change in their relationship status affects their tax situation. Watch this video for what to note during your tax planning.
September 18, 2023
How Do You Qualify for Innocent Spouse Relief From IRS Tax Problems?
To qualify for innocent spouse relief, you must meet all three of the following conditions. Learn more.
September 18, 2023
IRS Orders Immediate Stop to New Employee Retention Credit Processing
Despite warnings from the IRS, AICPA, and other professional tax organizations many business owners are being misled into filing for the Employee Retention Tax Credit for which they do not qualify.
September 15, 2023
Made a Mistake on Your Tax Return – What Happens Now?
Increasingly complex tax laws make it more likely that errors are made or items are omitted on tax returns, but they can, and should be, corrected by amending the return, generally within 3 years of filing the original return.
September 15, 2023
Claiming the Home Energy Audit Tax Credit
The IRS had announced guidance for the home energy audit tax credit.
September 14, 2023
Video Tips: What You Should Know About Letters From the IRS
Getting a letter from the IRS can make some taxpayers nervous – but it does not necessarily mean you are in trouble. Watch this video for quick tips on how you should handle this.
September 12, 2023
Video Tips: How Long Should Old Tax Records Be Kept?
Generally, tax records should be kept for 3 years from the due date of the return.
September 12, 2023
Research Credit Available As A Payroll Tax Credit Doubled By The Inflation Reduction Act
Discover how the Inflation Reduction Act doubles R&D tax credits, benefiting small businesses’ cash flow and innovation.
August 25, 2023