Aug 14, 2023 | Tax Tip
Information for organizations applying for tax-exempt status Organizations applying for tax-exempt status must be organized and operated exclusively for any of these purposes: charitable, religious, educational, scientific, literary, testing for public safety,...
Jul 20, 2023 | Tax Tip
Things for extension filers to keep in mind as they prepare to file 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...
Jun 28, 2023 | Tax Tip
Tax planning doesn’t stop after a taxpayer files a tax return Just because a taxpayer filed a tax return doesn’t mean they should forget taxes until next year. What a taxpayer does now may affect the tax they owe or the refund they may receive next year. Here are some...
May 25, 2023 | Tax Tip
Emergency preparedness plans should include financial records and tax information People should put together an emergency preparedness plan for their household – and include copies of their vital records and financial information. By creating an emergency preparedness...
Apr 25, 2023 | Tax Tip
When an IRS letter arrives, taxpayers don’t need to panic, but they do need to read it Getting a letter from the IRS can make some taxpayers nervous – but there’s no need to panic. The IRS sends notices and letters when it needs to ask a question about a...
Mar 30, 2023 | Tax Tip
All income is taxable, including gig economy and tip income It’s important for taxpayers to file a federal tax return that has a complete and correct reporting of their income – which may mean including income from sources other than regular wages from an employer....
