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What to Do if You Receive an IRS Letter
Don’t panic and know what to do if you receive an IRS letter. Learn the key steps to take and how to plan your next move.
per-diem-business-travel-rates

New Per Diem Business Travel Rates Kicked In On October 1

Are your employees traveling for business and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy you put in

Taxes-on-Social-Security-benefits

The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024

The Social Security Administration recently announced the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200

Are-scholarships-tax-free-or-taxable

Are Scholarships Tax-Free or Taxable?

With the rising cost of college, families are in search of scholarships to help pay the bills. If your child is awarded a

Business Automobiles: How the Tax Depreciation Rules Work

Do you use an automobile in your trade or business? If so, you might be wondering how depreciation tax deductions are determined. The

tax-implications-of-renting-out-a-vacation-home

The Tax Implications of Renting Out a Vacation Home

Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the

How-IRS-auditors-learn-about-your-business-industry

How IRS Auditors Learn About Your Business Industry

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and

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