by Admin | Jan 7, 2023 | Individual Taxes, Tax Planning
WASHINGTON – The Internal Revenue Service recently completed the final corrections of tax year 2020 accounts for taxpayers who overpaid their taxes on unemployment compensation they received in 2020. The American Rescue Plan Act of 2021, which became law in March...
by Admin | Jan 5, 2023 | Tax Scams
Taxpayers should be aware of the recent increase in IRS-themed texting scams aimed at stealing personal and financial information. So far in 2022, the IRS has identified thousands of fraudulent domains tied to multiple texting scams (known as smishing) targeting...
by Admin | Jan 3, 2023 | Individual Taxes, Tax Planning
Background – The Affordable Care Act (ACA) – also referred to as Obamacare) was enacted over 12 years ago, and one of its main features was the creation of government marketplaces (sometimes called exchanges) where Americans could purchase their health insurance...