Gearing up for 2022
This past tax year was quite a doozie with the pandemic and all the tax laws in response, like the CARES Act & the Consolidated...
Tax Season is winding down!
Don't get caught with additional fees for not filing taxes on time! This year individual tax returns for 2022 taxes are due April 18th....
IRS increases mileage rate for remainder of 2022
IR-2022-124, June 9, 2022 WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rate for...
Lack of bookkeeping records loses deductions
AIPB VOLUME 16: Issue 30 The case: A father and son co-owned a home-remodeling and construction business as an S corp. On their S corp...
Uh-Oh! IRS admits mistakes
IRS admits they sent ACTC letters with incorrect amounts listed!
Advanced Child Tax Credit
Child tax Credit payments and how to know how much you received when you file your taxes.
Happy Holidays of all sorts!
Krampusnacht. A centuries-old Christmas tradition in Germany and other parts of Europe, Krampusnacht is said to be when the Krampus, a...
What to do about the "child tax credit notice" you got from the IRS.
As part of the stimulus law there was a provision added that required IRS to begin distributing the child tax credit on a monthly basis...
Advanced Child Tax Credit payments are on the way
READ THIS if you have children and claimed the Child Tax Credit on your 2020 taxes, especially you split custody or dependency status...
Here’s how people can pay their federal taxes
The May 17 deadline for individuals to file and pay their federal income tax is fast approaching. While paying taxes is not optional,...
