by Admin | Jun 21, 2023 | Uncategorized
The U.S. Tax Code is used for more than just collecting taxes. It is used by the Government as a means of providing lower-income individuals with social benefits such as the earned income tax credit, child tax credit and health care subsidies. It also is used to...
by Admin | Jun 21, 2023 | Uncategorized
You’d be hard-pressed to find someone out there willing to argue against the idea that taxes are complicated. There’s a reason why most people dread it on some level every time April rolls around. Making mistakes is commonplace, yes – but it’s...
by Admin | May 17, 2023 | Uncategorized
Commissioner Amalia Colbert and Deputy Commissioner Darren Guillot have given an update on the status of IRS Enforcement and when the deluge of enforcement notices will begin again since being paused during the pandemic. The backlog of mail is now caught up, and so...
by Admin | May 4, 2023 | Uncategorized
The Internal Revenue Service announced that nearly 1.5 million people across the nation have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. The IRS estimates almost $1.5 billion in refunds remain unclaimed because people...
by Admin | Apr 4, 2023 | Uncategorized
If you are a business person relaxing at home after a long day’s work, watching TV and a commercial comes on claiming you can get a tax refund of thousands of dollars by filing for the Employee Retention Credit (ERC), it gets your attention, right? What those ads fail...
by Admin | Feb 28, 2023 | Uncategorized
Maybe you’re one of the people who went through mass layoffs in virtually all industries in 2022. Maybe you’ve made a New Year’s resolution to become more financially stable in 2023. You might even be worried that this is the year that the economy...
