We have a winner! Greg guessed first that the movie was “Shawshank Redemption.” Our next tax trivia question is: In what tax-driven movie did the
Read MoreMonth: July 2020
Top Tips From The Tax Pros
July 15, 2020, marked the end of tax season for those taxpayers not on extension. The revised due date made for an interesting tax season,
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IRS Reminds Taxpayers To Make Payments As Operations Resume
With a week to go before the tax filing season deadline, many folks may be focusing on July 15, 2020, as the date to mail
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IRS Announces PTIN Fees For 2021
Break out those checkbooks: the Internal Revenue Service (IRS) has announced the annual Preparer Tax Identification Number (PTIN) fees for 2021. Fees are $21 fee per PTIN
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Income Tax Cocktail
As Tax Day – and thus, tax season – ticks away, I suspect many of you are looking forward to a little relaxation. If a
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Fewer Tax Day Specials In 2020
This Tax Day doesn’t sure doesn’t look – or feel – like any other Tax Day. Due to Covid-19, the original filing deadline and tax
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Should You File A Protective Claim For Refund In 2020?
To file or not to file? That’s the question that has been posed many times over the past week or so with respect to protective
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IRS Now Canceling Stimulus Checks Issued To Decedents
In May, the Internal Revenue Service (IRS) issued guidance about how to return an Economic Impact Payment (EIP) or stimulus check. They were targeting, among others, decedents and incarcerated persons,
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As PPP Fraud Stories Make News, A Story About Redemption
In May of this year, David A. Staveley (a/k/a Kurt D. Sanborn) of Andover, Massachusetts, and David Butziger of Warwick, Rhode Island, were accused of conspiring to
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Taxes From A To Z 2020: M Is For Mark-To-Market Taxation
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
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