News & Insights

As part of its ongoing efforts to protect taxpayers from identity thieves, the Internal Revenue Service announced it will stop its tax transcript faxing service in June and will amend the Form 4506 series…

Michael Meltzer of Melzter & Meltzer CPAs has allowed us to share this game graphic he created based on the new rules to Sec 199-A.  

The Internal Revenue Service urges taxpayers who work multiple jobs or who may be adding summer employment to complete a Paycheck Checkup. Doing so will help them check if they are having the right amount…

Americans who will not qualify for Social Security retirement benefits are relatively rare, but if you are one of them, you need to know so you can make sure you have other sources of retirement income…

Millions of taxpayers filed a 2018 tax return in the last few weeks, making now a prime time for everyone to consider whether their tax situation came out as they expected. If it didn’t, they can use…

While the federal income tax-filing deadline has passed for most people, there are some taxpayers who have not yet filed their tax returns. The Internal Revenue Service encourages them to file now, even…

Tired of paying taxes? If your tax payments gave you the tax season blues, you might consider relocating to a state with no income tax. Keep in mind that we’re just talking about state taxes, you’ll…

The Internal Revenue Service provided additional expanded penalty relief to taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the…

Unclaimed income tax refunds totaling almost $1.4 billion may be waiting for an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return, according to the Internal Revenue…

The Internal Revenue Service clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect. In Revenue…