The IRS has opened their Free File program. This is available to lower- and middle-income taxpayers. It can be accessed from the IRS.GOV ...

The Fifth Circuit Court of Appeals lifted the injunction that halted the BOI reporting. The Treasury's Department Financial Crimes...

The requirement of filing the Beneficial Ownership Information Report (BOI) has been temporarily suspended pending the outcome of a court...

Under rules enacted in 2021 certain companies doing business in the US are required to report information about the individuals who...

Extended due dates are fast approaching for the 2023 tax reporting season. Partnerships (1065) and S-Corps (1120-S) have until September...

As we get to close out February, a little reminder that if you have a Partnership (Form 1065) or an S-Corp (Form 1120S), the filing...

The IRS is now accepting tax returns for 2023 and they have opened their EFile function. The sooner you file (especially if you Efile)...

Tax season has arrived. You should start receiving tax documents from employers (W-2), banks and brokers (1099 DIV, 1099 INT, etc.) in...

Even though it is already December, it is not to late to look at potential adjustments you can make to reduce your 2023 tax liability....

July is a great summer month with vacation plans, family gatherings and the 4th of July Celebrations. It's also a great month to give...

Normally when a taxpayer receives a state tax refund, they may be subject to tax on the refund in the year in which it was received....

Most, if not all required forms for preparing your tax return must be postmarked to you by January 31. You should have everything you...

The tax filing season has started. The IRS has officially started accepting 2022 tax returns today. File early, file electronically and...

Remember if you pay quarterly taxes for 2022, the last of the four payments is due January 17, 2013.

January 6, 2023 - Recently Congress enacted a change to the tax code about how transactions in apps like Venmo, CashApp, Etsy, StubHub...

Hello. I will be updating this Blog weekly with timely hints, reminders and trends affecting tax planning. I will also update for...