All professionals will stumble upon the struggle of balancing costs with deductibility. When is the proper time to spend money on your company or product?
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How Much Do You Know About IRS-CI?
Did you know that the Internal Revenue Service – Criminal Investigations (IRS-CI) is the only federal agency that devotes 100% of resources to investigating financial
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IRS Promises To Stop Sending Outdated Past-Due Tax Notices
Feeling overwhelmed and not sure how to handle those overdue notices from the Internal Revenue Service (IRS)? You aren’t the only one. Taxpayers have been
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Ask The Taxgirl: Changes In Tax Rates After A Presidential Election
Taxpayer asks: Are tax rates locked in at start of year ?? I’d like to do a Roth conversion in early Jan 2021. Can I
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Taxes From A To Z 2020: X Is For X Tax
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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What’s New On Form 1040 For 2020
The Internal Revenue Service (IRS) has released a draft of Form 1040, U.S. Individual Income Tax Return. There are several notable changes to the form proposed for
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IRS Green Lights Electronic Filing For Amended Tax Returns
After weeks of waiting, tax professionals and taxpayers finally got the word from the Internal Revenue Service (IRS): amended returns can now be electronically filed. In May,
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IRS To Begin Sending Out Interest Payments To Millions Of Taxpayers With 2019 Tax Refunds
Looking for your interest? The Internal Revenue Service (IRS) will begin sending interest payments to individual taxpayers who timely filed their 2019 federal income tax returns and
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Taxes From A To Z 2020: W Is For Wage Base
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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IRS Offers Help For Some Missing $500 Per Child Stimulus Check
Still missing your $500 per child stimulus check? You’re not the only one. In response to complaints that check recipients are still missing out, the
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