Employee Relocation: What Happens to Your Home?

Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be -...

Save Time By Memorizing Transactions in QuickBooks

Accounting involves a lot of repetition. You send invoices and receive payments and pay bills, over and over. Sometimes they're similar enough every month that...

Settling Tax Debt With an IRS Offer in Compromise

An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer's tax liabilities for less than...

Safeguarding Tax Records for Natural Disasters

It's Hurricane and Tornado Season: Safeguarding Tax Records With hurricane season in full swing, now is a good time to create or review emergency preparedness...

10 Tips to Help You Start Saving for Retirement

It's never too late to start, but the sooner you begin saving, the more time your money has to grow. Gains each year build on...

Tips for Taxpayers with Hobby Income

If you have hobby income you need to know these tips for Taxpayers with Hobby Income! Hobby activities are a source of income for many...

Small Business: Understanding Payroll Expenses

Federal law requires most employers to withhold federal taxes from their employees' wages. Whether you're a small business owner who is just starting or one...

Advance Child Tax Credit Payments Start This Month

The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may...

COMMON ERRORS TO AVOID WHEN FILING A TAX RETURN

While not all mistakes on tax returns cause delays in refunds, some do. It pays to steer clear of common tax return errors listed below....

Changes to Withholding Under Tax Reform

There are changes to withholding under Tax Reform. The Tax Cuts and Jobs Act made changes to the tax law starting in 2018, including increasing...

UNEMPLOYMENT BENEFITS IDENTITY THEFT SCAM

UNEMPLOYMENT BENEFITS IDENTITY THEFT SCAM ALERT During 2020, millions of taxpayers were impacted by the COVID-19 pandemic through job loss or reduced work hours. Some...

Tips for Students with a Summer Job

Tips for Students with a Summer Job:If your child is a student with a summer job, your child's income over the summer is considered taxable...