While the pandemic has left the IRS in shambles with furloughs and staffing issues, COVID is not entirely to blame for the current historic backlog. Other major factors include budget constraints and outdated technology in…

Delayed tax refunds, penalties for not filing 2020 tax returns on time that were actually filed on time, and timely tax payments being flagged as late are just some of the headaches taxpayers are grappling…

Making errors on your tax return can be a costly mistake or can cause your refund to take longer. Associate partner Julie Strohlein, CPA discusses three common tax return mistakes that you should be aware…

One of the more common tax questions is whether you need to file a federal tax return this year. The answer is: it depends. Keep in mind that not filing a return when you are…

If you are a sole proprietor, gig worker, Facebook Marketplace seller or have some other side hustle, get ready to receive tax forms at the end of 2022 if you accept payments through an app…

While there have long been tax advantages to owning real estate, there are two little-known tax-smart ways to invest: Opportunity Zones and 1031 exchanges.   Opportunity Zones The Opportunity Zone tax incentive allows investments in…

With all the tax law changes over the past few years, it’s good to know when to conduct a full tax planning session. If any of these below life events apply to you, it’s smart…

New legislation and backlogs at the IRS will make this tax return season more turbulent than most. Here are several tips to help you prepare: Economic Impact Payments Congress handed out three rounds of stimulus…