Taxpayers see wave of summer email, text scam schemes

Taxpayers see wave of summer email, text scam schemes

From the IRS — IRS urges extra caution with flood of scams involving Economic Impact Payments, Employee Retention Credits and tax refunds WASHINGTON — The Internal Revenue Service warned taxpayers today to be on the lookout for a summer surge of tax scams as identity...
Tips for taxpayers on National Get Out Of The Doghouse Day

Tips for taxpayers on National Get Out Of The Doghouse Day

From Forbes — By Kelly Phillips Erb — Are tax troubles on your mind? Monday was National Get Out Of The Doghouse Day. Why not take advantage of the opportunity to clean up your finances and resolve your tax issue? Getting started now will help get you out of the...
Here’s your new standard deduction and tax rate for 2023

Here’s your new standard deduction and tax rate for 2023

From Money Talks News — By Karla Bowsher — The federal government regularly adjusts everything from Social Security benefits to retirement account limits to account for inflation. The same goes for some key aspects of federal income taxes, including the standard...
Boost your tax strategy with asset purchases

Boost your tax strategy with asset purchases

From Forbes.com — By Vlad Rusz — When you have a profitable year, you might be looking at ways to decrease your taxable income, and thus your taxes. There are many ways to achieve this, and many business owners come across advice to “just buy some assets,” especially...
Moore: A wealth-tax watershed moment for Supreme Court

Moore: A wealth-tax watershed moment for Supreme Court

From the Wall Street Journal by its Editorial Board — June 27, 2023 — The Justices will hear Moore v. U.S., which asks if ‘income’ under the law can be an unrealized gain.   Continue reading at The Wall Street Journal Contact the Pinnacle CPA Advisory Group If...
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