ARCHIVED BLOG POSTS

2020 

"The hardest thing in the world to understand is the income tax" – Albert Einstein There are only a few things that people find more confusing than income tax. Therefore, it is not surprising that every year approximately 3 million taxpayers file amended tax returns. If you've had to file an amen...
05/29/2020
Did the IRS overpay you?The IRS has successfully delivered millions of stimulus payments under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, however, not all payments were made for the proper amount. If you had a major life change in 2018 or 2019, there may have been an error wi...
05/15/2020
Do you owe money to the IRS? Have you heard about the IRS People First Initiative?Due to the COVID-19 pandemic, the IRS released a People First Initiative to help ease taxpayers' burdens during this unprecedented time. Some of the key provisions of the Peoples First Initiative are as follows: Tax...
05/14/2020
Have you received an Economic Impact Payment from the Coronavirus Aid, Relief, and Economic Security (CARES) Act? If so, was it what you excepted? Here are a few reasons why your payment might not have been what you were anticipating:You haven't filed your 2019 tax return - If you haven't filed y...
05/13/2020
Have you received an Economic Impact Payment from the Coronavirus Aid, Relief, and Economic Security (CARES) Act? If so, was it what you excepted? Here are a few reasons why your payment might not have been what you were anticipating:         You haven't filed your 2019 tax return - If you haven'...
05/13/2020
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Whether you have a business or not, keeping receipts can help ensure you claim all your possible deductions. Here are a few standard tips on keeping up with receipts.  Take a photo/ make a copy - Many receipts fade over time, making it challenging to read dates and amounts. Capturing a picture or...
05/08/2020
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