by Taxing Subjects | Sep 6, 2024 | Uncategorized
As part of the Dirty Dozen tax scams and fraud awareness effort, the Internal Revenue Service (IRS) encourages people to report individuals who promote improper and abusive tax schemes, as well as tax return preparers who deliberately prepare improper returns. In this...
by Nataraj Eswaran | Aug 6, 2024 | ITIN, Uncategorized
We all know the hassle of tax season, but for those of us who need an ITIN, it can be even more challenging. If you’re wondering why you need an ITIN or how to get one, you’re in the right place. An Individual Taxpayer Identification Number (ITIN) is...
by Tax News | Aug 3, 2024 | Uncategorized
Preparing to file your federal tax return? Review some common mistakes people make and how you can avoid them this tax season. Making a mistake on your tax return can slow down its processing and even delay your refund. If the IRS spots any errors, they may reject...
by Tax News | Jul 5, 2024 | Uncategorized
If you’ve been losing sleep over the possibility of a tax audit, put your mind at ease. Here are five reasons why you might want to stop worrying about it. A Tax Audit is Not Always Trouble An audit doesn’t automatically mean you’re in trouble. Sometimes, it’s just a...
by Tax News | Jun 27, 2024 | Uncategorized
Now is the time to perform a mid-year review of your business activities. Staying on top of these five steps will benefit you throughout the year while saving time, money, and making tax time a breeze. * Lower taxable income with these deductions After...