IRS Releases It’s “Dirty Dozen” Scam List for 2021
Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter anytime but many of these schemes peak during filing season as people […]
Preventing Ransomware Attacks on Manufacturers
The world’s largest meat production company was recently sidelined by a ransomware attack. The hack forced the company to temporarily shutter plants in the […]
Fraudsters Prefer Cash Because It’s Virtually Untraceable
Fraud perpetrators take whatever they can get their hands on. But fraudsters prefer cash because it’s virtually untraceable. Fortunately, fraud experts have the expertise and tools to […]
Hire Your Minor Children for Tax and Non-Tax Benefits
If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other non-tax benefits. The kids can gain on-the-job experience, […]
Advance Child Tax Credit Payments Begin July 15th
Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance child tax credit (CTC) payments, which were created in […]
Revisiting the Employee Retention Tax Credit
The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of […]
2022 Amounts for Health Savings Accounts
The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs).
Keeping Your Loyalty Program Safe From Fraud
To generate revenue and foster customer loyalty, many businesses, including retailers, airlines and credit card companies, create loyalty and reward programs. Such programs can help companies attract […]
Still Have Questions After Filing Your 1040?
Even after your 2020 tax return has been successfully transmitted to the IRS, you may still have questions after filing your return. Here are […]
Imagine What the “Tax Gap” Could Fund
(This is Blog Post #1039)
