Latest Blog & Articles
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Tax inflation adjustments for tax year 2025
The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Here’s a summary of the IRS’s inflation adjustments for tax year 2025: Unchanged: Reference: https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2025
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ERC Voluntary Disclosure Program reopens
ERC Voluntary Disclosure Program reopens; special discount available through November 22 Thousands of new recapture letters going out for improper ERC claims made for Tax Year 2021, some Tax Year 2020 Separate ERC Claim Withdrawal Program remains available for those with pending claims The IRS continues analyzing ERC claims, intensifying audits and pursing promoter and…
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Recognize tax scams and fraud
You can avoid falling victim to a tax scam. Know what to watch out for and how the IRS contacts you. Tax scam warning signs Scammers mislead you about tax refunds, credits and payments. They pressure you for money, personal, financial or employee information. IRS impersonators try to look like us. Watch out for: Impersonators…