May 15 IRS Adds Online Help for Tax Debt Relief
The IRS has announced a new online tool designed to help taxpayers better understand and address tax debt....
Apr 03 IRS Updates Withholding Estimator for New Tax Rules
The IRS has updated its Tax Withholding Estimator to reflect recent tax law changes under the One, Big, Beautiful Bill. For taxpayers who want a better sense of what they may owe next year, this update gives them a more current way to review withholding...
Mar 05 Recognizing Real Internal Revenue Service Contact vs. Tax Scams
When it comes to tax matters, understanding how the Internal Revenue Service (IRS) initiates communication is your first line of defense against fraud. In nearly all cases, the IRS starts contact through an official letter delivered by U.S. mail—not by email, text message, or social...
Feb 19 Can’t Pay Your Tax Bill? IRS Options That May Help
Discovering that you owe money to the IRS can be overwhelming—especially when paying the balance in full isn’t financially realistic. The good news is that the IRS offers multiple programs designed to help taxpayers manage or reduce their tax debt. Both individuals and businesses may...
Feb 05 IRS Issues Proposed Rules for New Car Loan Interest Deduction
The Department of the Treasury and the IRS have issued proposed regulations tied to a provision of the One, Big, Beautiful Bill (OBBB) that could benefit taxpayers planning to purchase a new vehicle in 2025. These draft rules outline how the new car loan interest...
Jan 22 Your Rights as a Taxpayer: What the IRS Owes You
When most people think about taxes, they focus on deadlines, forms, and payments, not protections. However, the IRS Taxpayer Bill of Rights establishes clear standards for how taxpayers must be treated at every stage of the tax process, from filing and audits to appeals and...
Jan 22 Time to Get Your 1099s Ready for 2025
If you paid any independent contractors $600 or more during 2025, you're likely required to issue them a 1099-NEC....
Dec 30 Start Now for a Smoother 2026 Tax Season
The new year’s almost here, and that means the 2026 tax season isn’t far off. If you’re looking to make filing easier and avoid delays, now’s a good time to start getting organized. A few small steps today can help make the entire process less...
Dec 01 Hiring Help at Home? Key Tax Rules to Know
If you bring someone into your home to perform regular or occasional services, the IRS may consider them a household employee. When this applies, you may be responsible for Social Security, Medicare, and unemployment taxes, along with specific reporting requirements....
Dec 01 2026 Retirement Plan Limits: Higher Contributions Ahead
The IRS has announced increases to key retirement contribution limits for the 2026 tax year. These changes affect 401(k), IRA, SIMPLE, and other qualified plans. If you're planning your long-term savings strategy or advising clients, these updates are worth noting....