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What Happens When Someone Files a Fraudulent Tax Return Using Your SSN or ITIN
What Happens When Someone Files a Fraudulent Tax Return Using Your SSN or ITIN
6/25/25 11:40 AM

Recently, the Internal Revenue Service (IRS) has been sending notices to some taxpayers regarding fraudulent tax returns...

Save Money with These Family Tax Credits
Save Money with These Family Tax Credits
6/18/25 3:56 PM

As many Americans have already filed and closed the books on the 2024 tax season, now is a good time to start looking ah...

HSA Contribution Limits Increase in 2026
HSA Contribution Limits Increase in 2026
6/18/25 3:35 PM

For those with high-deductible health plans, health savings accounts (HSAs) can be a great way to pay for eligible medic...

What Taxpayers Should Know About the Standard Deduction When Filing 2024 Taxes
What Taxpayers Should Know About the Standard Deduction When Filing 2024 Taxes
2/19/25 2:55 PM

When filing a tax return, one of the most important decisions taxpayers will make is whether to claim the standard deduc...

Business Mileage Rate Increased to 70 Cents in 2025
Business Mileage Rate Increased to 70 Cents in 2025
1/22/25 11:47 AM

The Internal Revenue Service (IRS) announced that the standard mileage rate for automobiles driven for business will inc...

What Taxpayers Should Know About a New Estate Tax Exemption in 2025
What Taxpayers Should Know About a New Estate Tax Exemption in 2025
1/22/25 11:32 AM

Preparing for estate taxes is something that all taxpayers need to think about and plan for, especially for those who in...

The IRS is Releasing Low-Risk ERTC Claims from Its Moratorium
The IRS is Releasing Low-Risk ERTC Claims from Its Moratorium
6/27/24 7:12 AM

In September 2023 the IRS placed all Employee Retention Tax Credit (ERTC) claims in a moratorium. The agency is now rest...

2024 Q1 Key Tax Deadlines for Businesses and Other Employers
2024 Q1 Key Tax Deadlines for Businesses and Other Employers
12/27/23 6:33 AM

Below you will find key tax-related deadlines affecting businesses and other employers during the first quarter of 2024....

Business Mileage Rate Increases to 67¢ in 2024
Business Mileage Rate Increases to 67¢ in 2024
12/27/23 5:34 AM

The IRS announced that the standard mileage rate for the business use of a car, van, pickup or panel truck will be 67¢ c...