• All of Georgia Now Eligible for Disaster Tax Relief

    WASHINGTON — Hurricane Irma victims in the entire state of Georgia now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. This includes an additional filing extension for taxpayers with valid extensions that run out on Oct. 16, and businesses […]

  • IRS Gives Tax Relief to Victims of Hurricane Irma

    IRS Gives Tax Relief to Victims of Hurricane Irma; Like Harvey, Extension Filers Have Until Jan. 31 to File; Additional Relief Planned WASHINGTON –– Hurricane Irma victims in parts of Florida and elsewhere have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service […]

  • Now’s the time to look at your withholding

    Check Withholding Now to Avoid Surprises at Tax Time The federal income tax is a pay-as-you-go system. Employers generally withhold tax from workers’ wages. Taxpayers also often have taxes withheld from certain other income including pensions, bonuses, commissions and gambling winnings. People who do not pay tax through withholding, like the self-employed, generally pay estimated […]

  • IRS Alerts Taxpayers with Limited English Proficiency of Ongoing Phone Scams; Urges Caution Before Paying Unexpected Tax Bills

    IRS Alerts Taxpayers with Limited English Proficiency of Ongoing Phone Scams; Urges Caution Before Paying Unexpected Tax Bills WASHINGTON — The Internal Revenue Service today warned taxpayers with limited English proficiency of phone scams and email phishing schemes that continue to occur across the country. Con artists often approach victims in their native language, threaten […]

  • THE SCOOP ON UNEMPLOYMENT BENEFITS

    THE SCOOP ON UNEMPLOYMENT BENEFITS Taxpayers who received unemployment benefits need to remember that it may be taxable. Here are five key facts about unemployment: Unemployment is Taxable . Include all unemployment compensation as income for the year. Taxpayers should receive a Form 1099-G, Certain Government Payments, by Jan. 31. This form shows the amount […]

  • New Mileage Rates for 2017

    The IRS has released the 2017 optional standard mileage rates that employees, self employed individuals, and other taxpayers can use to compute deductible costs of operating automobiles (including vans, pickups and panel trucks) for business, medical, moving and charitable purposes. The updated rates are effective for deductible transportation expenses paid or incurred on or after […]

  • Scamming Alerts From the IRS

    As we approach the 2017 tax season, we want to remind everyone about “Tax Scams” that are ongoing throughout the country. If you have any questions please call our office. We will be happy to talk to you to determine if any contact from the IRS is legitimate. We are here to protect our clients. […]

  • DEADLINES ARE FAST APPROACHING

    Please remember that the deadline for Corporate Extensions is Thursday September 15, 2016. If you are a client of ours, you must have your completed tax information into our office no later than Friday September 9, 2016. Any tax information received after this date will not be ready before the September 15 deadline. The penalty […]

  • Some Refunds Delayed in 2017

    When considering refund issues, the IRS wants taxpayers to be aware several factors could affect the timing of their tax refunds next year. A major change will affect some early tax filers claiming two key credits who won’t see their refunds until after Feb. 15. Beginning in 2017, a new law requires the IRS to […]

  • What you need to know about Education Credits for 2016

    What you need to know about Education Credits for 2016 If you pay for college in 2016, you may receive some tax savings on your federal tax return, even if you’re studying outside of the U.S. Both the American Opportunity Tax Credit and the Lifetime Learning Credit may reduce the amount of tax you owe, […]