As the countdown to April 15th hits the home stretch, the IRS has published a series of articles guiding taxpayers through some of the trickier filing issues. One of our favorites discusses charitable giving and the importance of maintaining good…
As the countdown to April 15th hits the home stretch, the IRS has published a series of articles guiding taxpayers through some of the trickier filing issues. One of our favorites discusses charitable giving and the importance of maintaining good…
Late last week, the New York Times published a story that caught our eye: they profiled several entrepreneurs who ran into some complicated tax issues after running successful Kickstarter or other crowdfunding campaigns. Not only were some of these people…
Ah, social media. An industry that barely existed ten years ago is one of the most talked about parts of the internet, if not the entire business world. Everyone seems to be on it, but could your small business be…
Many small businesses are started when someone turns a personal interest into a money-making endeavor. But what’s the difference between a hobby and a business? And why does it matter in the first place? As with many tax questions, it’s…
On February 13, the IRS released Rev. Proc. 2015-20, which provides a simplified method for qualifying small businesses to comply with the final tangible property regulations. Here’s an article from the Journal of Accountancy discussing the changes, and here’s a…
Whether you ended up owing money or getting a refund at tax time, did you know you can modify the amount of money withheld from your paycheck? Here’s how Some people love receiving a tax refund every spring, while others…
The IRS has released all twelve of the Dirty Dozen tax schemes to look out for during the 2015 filing season. The Dirty Dozen listing, compiled by the IRS each year, lists a variety of common scams taxpayers can encounter…
Our own Rob Phillips was invited to speak about upcoming tax changes on WBTV’s morning news. Check it out HERE!
The Internal Revenue Service today issued a filing season alert warning taxpayers to watch out for identity theft at tax time, one of the year’s “Dirty Dozen” tax scams. The IRS continues to aggressively pursue the criminals that file fraudulent…
Aggressive and threatening phone calls by criminals impersonating IRS agents remain near the top of the annual “Dirty Dozen” list of tax scams for the 2015 filing season. The IRS reports a surge of these phone scams in recent months…