Tag Archives: tax tips

Be Alert to the 12 Most Common Tax Scams by Adam Cohen, CPA

Posted on May 10, 2023 by Adam Cohen

Criminals are constantly developing new and more elaborate ways to deceive taxpayers into revealing their personal identities and financial interests and ultimately cheating the U.S. tax system. To help protect yourself from becoming a victim of these crimes, the IRS annually publishes a “Dirty Dozen” list of the most common scams for which you should […]

Avoiding Penalties and Interest on Failure to Pay Taxes by Angie Adames, CPA

Posted on March 31, 2023 by Angie Adames

Gathering required documents and preparing to file federal tax returns each year can become a very cumbersome process. While U.S. tax laws allow individuals to request a six-month filing extension, they require individuals to pay their 2022 tax bills by the original April tax filing deadline, which, for 2023, is April 18. Failure to pay […]

Employer Tax Credits for Paid Sick and Family Leave Extends to Vaccines by Joanie Stein, CPA

Posted on June 21, 2021 by Joanie Stein

The IRS issued important guidance concerning an expansion of the COVID-19-related paid sick and family leave tax credits available to employers under the American Rescue Plan (ARP) enacted earlier this year. Background Congress introduced the emergency paid sick leave and family and medical leave programs in 2020 as part of the Families First Coronavirus Response […]