Tag Archives | IRS

Deducting Corporate Gifts on your Taxes

It’s almost the end of the year and with the holidays coming up quickly, I’m sure everybody has already finished all of their holiday shopping (or you have been focusing on year-end work, in which case you probably left it all until the last possible minute, like so many of us do). One thing to […]

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IRS Issues Warning for Telephone Scams

The IRS has issued another strong warning for taxpayers regarding sophisticated phone scams.  The IRS provided that if a tax balance is due, the IRS will always send a written notification of tax due through the mail.  Additionally, the IRS emphasized that an agent will never ask for credit or debit card information over the […]

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LLC Taxation: What Do You Want It to Be?

There’s an old accountant joke (yes, there are jokes about accountants—you just don’t usually hear them because only accountants tell them) about a client interviewing a series of firms to determine which one will get his business. He asks each accountant to solve a very simple mathematical equation: “How much is 2 plus 2?” Each […]

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How Do You Google?

With the influx of information on the Web these days, it is harder than ever to pinpoint specific, useful information. Most people simply open up the main page of their favorite search engine, type a random thought into the search box and select “search,” expecting to find the answer within seconds. This is useful when […]

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Check your Refund Status using Your Smartphone

Smartphones have made everyday life so convenient in various ways (for business, entertainment, education, etc.); now here is another brilliant way that will make our tax life easier. The Internal Revenue Service has recently announced the release of IRS2GO 4.0, an update to its smartphone application featuring new added features available in both English and […]

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