by Matthew Senter | Jan 27, 2020 | Internal Revenue Service, Tax
Tax season officially starts today with the Internal Revenue Service (IRS) now accepting e-files for 2019 tax returns. Let the countdown begin: Days Remaining Common Documents Needed (please note this is not an exhaustive list and depends on each individuals...
by Kylie Harig | Jan 24, 2020 | Internal Revenue Service, Tax
If you have paid for the care of your dependent(s) in the past and anticipate that dependent care will likely continue through 2020, then you will want to think about a specific work place benefit that may be available through your employer. Dependent Care Benefits,...
by Matthew Senter | Dec 10, 2019 | Internal Revenue Service, Tax
Have you ever paid an IRS penalty or feel like you’ve accumulated too many penalty notices from the IRS? If so, it’s possible we can help alleviate the pain. Let’s review a couple of ways to reduce, remove or abate some of those penalties. There are...
by Matthew Senter | Nov 18, 2019 | Internal Revenue Service, Tax
Did you know that a taxpayer must report certain foreign financial accounts, such as bank accounts, brokerage accounts and mutual funds each year, as part of the Bank Secrecy Act? By filing a Report of Foreign Bank and Financial Accounts, otherwise known as FBAR (on...
by Matthew Senter | Nov 13, 2019 | Internal Revenue Service, Scams, Tax
As year-end approaches, we want to remind our friends and clients of potential tax scams that exist. Cyber criminals use these scams to obtain names, social security numbers, addresses and other personally identifiable information to file bogus tax returns or defraud...
by Matthew Senter | Aug 13, 2019 | Internal Revenue Service
The IRS has released a new Tax Withholding Estimator and is encouraging everyone to perform a “paycheck checkup”. The new tool is to assist with better calculating taxes and withholdings to reflect recent changes in the tax law. CLICK HERE TO USE THE...
