IRS UPDATE November 2022

Tax resources and information for U.S. service members and veterans As the nation prepares to celebrate Veteran’s Day, the IRS reminds members of the military, veterans and their families that the agency offers a variety tax resources specifically for them. These...

IRS UPDATE October 2022

Taxpayers should stay on top of taxes all year to avoid a surprise tax bill The next tax season seems far away, but this is actually the perfect time for taxpayers to review their withholding and estimated tax payments. Because federal taxes are pay-as-you-go, it’s...

IRS UPDATE September 2022

Got a letter or notice from the IRS? Here are the next steps When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail...

IRS UPDATE August 2022

Worker Classification 101: employee or independent contractor A business might pay an independent contractor and an employee for the same or similar work, but there are key legal differences between the two. It is critical for business owners to correctly determine...

IRS UPDATE July 2022

Here’s what taxpayers need to know about business related travel deductions Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good news is business travelers may be able off-set some of...