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  • IRS Reminds Taxpayers to Prepare for Natural Disasters

    May 4, 2021
    IRS Reminds Taxpayers to Prepare for Natural Disasters

    It was a wise man indeed who first warned us to “hope for the best, but prepare for the worst.”…


  • IRS Reminds Taxpayers About Offer in Compromise Program

    May 3, 2021
    IRS Reminds Taxpayers About Offer in Compromise Program

    Sometimes, taxpayers find themselves with a tax bill they just can’t satisfy. The taxpayer is willing to pay, but the…


  • New Draft Schedules K-2 and K-3 Announced by IRS

    April 30, 2021
    New Draft Schedules K-2 and K-3 Announced by IRS

    Partnerships and S corporations that will have to report “international tax matters” in 2022 can now review the new draft…


  • Navigating Notices About Economic Impact Payments

    April 28, 2021
    Navigating Notices About Economic Impact Payments

    The Internal Revenue Service has kept taxpayers’ mailboxes busy for months now, sending out notices to taxpayers about the various…


  • IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT

    April 27, 2021
    IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT

    The Internal Revenue Service has released guidance for changes to the Child Tax Credit, Earned Income Credit, and application percentage…


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