Blog
Change Your Name? It Can Affect Your Taxes
A name change can have an impact on your taxes. All the names on your tax return must match Social Security Administration records. A name mismatch can delay your refund. Here’s what you should know if you changed your name: Report Name Changes. Did you get married...
Advance Child Tax Credit 2021
2021Advance Child Tax Credit TAX YEAR Advance Child Tax Credit Payments https://www.irs.gov/credits-deductions/advance-child- tax-credit-payments-in-2021 Important changes to the Child Tax Credit will help many families get advance payments of the credit...
Audits 2021
2021Audits TAX YEAR Representation Individual taxpayers who are under audit by the IRS may attend the audit in person without any assistance from a tax professional. However, this can be a dangerous mistake. Al- though not officially stated, it is the job of an IRS...
Financial Planning Guide 2021
2021TAX YEAR Financial Planning Guide Personal Financial Planning BudgetingSteps to managing income and expenses include:Be realistic when making a budget.Identify monthly outflows as living expenses, savings, and discretionary.Estimate low for...
Recordkeeping for Tax Purposes 2021
How Long Should You Keep Tax Records?The IRS says you must keep your records for as long as they may be needed for the admin- istration of any provision of the Internal Reve- nue Code, which means you must keep records of items shown on your return until the statute...
Tax News and Industry Updates (Volume_9_Issue_1)
Tax News 2021Volume 9, Issue 1 and Industry Updates Standard Mileage RateCross References ◆ ◆ ◆FinCEN Regulations on Virtual CurrencyCross ReferencesFinCEN RIN 1506-AB47The Financial Crimes Enforcement Network (FinCEN) is a bureau of the...
The Ultimate Tax Deduction Checklist For Insurance Adjusters
Grab your copy & know everything that you can deduct on your taxes to get the max refund on your taxes this year.
