Remember the newly expanded tax credit for hiring veterans that was passed last year? The Internal Revenue Service (IRS) has finally issued more guidance on the credit. The Returning Heroes and Wounded Warriors Work Opportunity Tax Credits were part of the VOW to Hire Heroes Act of 2011, which was announced on Veterans Day last…
Congressional leaders are reporting that they’ve reached a deal to extend the payroll tax cut. Two Representatives in the “closed-door” committee negotiations, Reps. Renee Ellmers (R-NC) and Fred Upton (R-MI), seemed upbeat and optimistic about the agreement. Reportedly, a vote will come before the full House on Friday. Under the compromise, the payroll tax cuts…
There is yet another Internal Revenue Service (IRS) email scam making the rounds, this one focusing on your tax refund. It is not a legitimate email from IRS. Here’s what it says: After the last annual calculations of your financial activity we have concluded that you are eligible to get a tax refund of $464.You…
