Recent Articles
Avoiding Shady Tax Preparers: Tips for Choosing a Reputable Tax Professional
Guidance from the IRS on Safeguarding Your Finances and Avoiding Tax Fraud As the tax filing season approaches, the Internal Revenue Service (IRS) has issued a warning to individuals to be careful when picking tax preparers. The agency has advised...
Streamlining Tax Credit Payments: IRS Guidelines for Electronic Filing of Form 8038-CP
Simplifying Tax Processes for Bond Issuers and Promoting Efficiency with Electronic Filing. The Internal Revenue Service (IRS) is in charge of enforcing tax laws in the United States. One of the areas where the IRS has recently issued guidance is...
Some New York businesses and taxpayers have until May 15 to file and pay their taxes.
Tax relief is available to individuals and businesses in the counties of Erie, Genesee, Niagara, St. Lawrence, and Suffolk. The IRS has announced that the deadline for filing various individual and business tax returns as well as making tax payments...
A Quick Way to Increase Your Tax Refund or Lower Your Tax Bill
Tax season may be in full swing, but there’s still time to make a wise financial move that many taxpayers overlook in their rush to file their returns and collect their refunds: saving for retirement. Making a last-minute contribution to...
The IRS Issues Initial NFT Guidance.
The Treasury Department and the IRS are inclined to treat NFTs as collectibles for taxation. The IRS has released initial guidance on Non-Fungible Tokens (NFTs), giving clarity on the tax treatment of these unique digital assets. NFTs have gained immense...
IRS and Treasury Inform US Semiconductor Manufacturers on How to Claim Tax Credit.
Using tax incentives, the United States hopes to increase the production of semiconductors and the machinery used in their production. In an effort to increase the production of semiconductors and related equipment within the United States, the IRS, and Treasury...