Tax refunds were lower this year without pandemic credits

Tax refunds were lower this year without pandemic credits

May 10, 2023 | News to Note

From Investopia.com — By Terry Lane —  Tax refunds were lower this year, and while the expiration of pandemic credits may be primarily to blame, tax experts say Americans should count on smaller refunds and more balances owed in coming years. The average tax refund...
National Small Business Week advice from the IRS

National Small Business Week advice from the IRS

May 3, 2023 | News to Note

From the Internal Revenue Service/IRS.gov –  Plan now to take advantage of new and existing tax benefits, prepare for reporting changes. The Internal Revenue Service on Monday, May 2, urged business taxpayers to begin planning now to take advantage of tax-saving...
Tax cap increase proposed as Social Security solution

Tax cap increase proposed as Social Security solution

Apr 26, 2023 | News to Note

From MSN Money – By Laura Gariepy –  If nothing is done to change course, Americans on Social Security may see their monthly benefits drop by 25% in the years ahead. That’s because the Social Security trust fund reserves could become insolvent within the next decade....
Here’s why I hire an accountant to do my taxes

Here’s why I hire an accountant to do my taxes

Apr 19, 2023 | News to Note

From MSN Money/The Motley Fool – By Christy Bieber –  Tax-filing season has just come to a close, which is a big relief. My returns have been submitted, and I’ve fulfilled my major obligations to the IRS for the year. Now all that’s left for me to do is...
IRS issues 2023 Dirty Dozen scams list, urges vigilance

IRS issues 2023 Dirty Dozen scams list, urges vigilance

Apr 12, 2023 | News to Note

From the Internal Revenue Service — WASHINGTON — The Internal Revenue Service wrapped up its annual Dirty Dozen list of tax scams for 2023 last week with a reminder for taxpayers, businesses and tax professionals to watch out for these schemes throughout the year, not...
The April 18th deadline is quickly approaching!

The April 18th deadline is quickly approaching!

Apr 5, 2023 | News to Note

From the CPA Advisory Group —    Dear Clients, Spring is in the air, and many things are probably competing for your attention. With this in mind, we wanted to take this opportunity to call your attention to the upcoming tax deadline.   All 2022 tax information...
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