by Steve Perry | Sep 17, 2023 | Cryptocurrency
With the rise of virtual currencies and the crypto trading boom, many traders were initially under the impression that their activities would remain off the IRS’s radar and, consequently, are not subject to taxes. But the IRS has intensified its efforts to...
by Steve Perry | Aug 16, 2023 | Tax Planning, Tax Preparation
You probably think the IRS has received your tax return… but are you SURE? I can’t overstate the importance of ensuring IRS correspondence acceptance. Here’s why: Imagine this. You’ve finally finished your tax return preparation for the year!...
by Steve Perry | Jul 19, 2023 | Tax Planning, Tax Preparation
The hot summer sun can make it costly to cool your home—especially if you live in a warmer climate. Thankfully, if you made any improvements to your home to make it more energy efficient recently you could see some relief in the form of home energy tax...
by Steve Perry | Jun 15, 2023 | Small Business Accounting
Are you considering taking advantage of the pandemic era-Employee Retention Credit? Then make sure you read on to learn how to protect yourself against potentially costly fines. What is the Employee Retention Credit? The Employee Retention Credit (ERC) is...
by Steve Perry | Apr 11, 2023 | CARES Act, Representation, Tax Planning, Tax Preparation
The most common answer to this is 3 years from the date you filed. But there’s some grey area. Having the correct records could save you thousands of dollars one day, so you want to do your due diligence and be smart about what you keep in your filing cabinets...