by ManagerJill | Jul 17, 2024 | Credits, FYI, IRS News, Scam Alert, Tax
WASHINGTON — The Internal Revenue Service issued a consumer alert today following bad advice circulating on social media about a non-existent “Self Employment Tax Credit” that’s misleading taxpayers into filing false claims. Promoters and social media are marketing...
by ManagerJill | Dec 6, 2022 | Credits, FAQ, FYI, Individuals, Inflation Reduction Act of 2022, IRS News, Tax
WASHINGTON – The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A ”Get...
by ManagerJill | Nov 21, 2022 | Credits, Charitable donations, Individuals, IRS News, Tax
The Tuesday after Thanksgiving marks Giving Tuesday when many people choose to make charitable donations. People making charitable donations for Giving Tuesday, or at any time during the year, should review whether their gift is tax-deductible. Donations to charities...
by ManagerJill | Oct 3, 2022 | Inflation Reduction Act, Credits, FAQ, FYI, Inflation Reduction Act of 2022, IRS News, Tax
The passing of the Inflation Reduction Act in August has led to many questions regarding the purchase of Electric Vehicles (EV) and Energy Efficient Home Improvements in regards to potential tax credits. To help answer some of the questions you may have, we have...
by ManagerJill | Aug 17, 2022 | Inflation Reduction Act of 2022, Credits, FYI, Individuals, IRS News, Tax
Reprinted from the U.S. Department of Energy The Inflation Reduction Act of 2022 (Public Law) amends the Qualified Plug-in Electric Drive Motor Vehicle Credit (IRC 30D), now known as the Clean Vehicle Credit, and adds a new requirement for final assembly in North...
by ManagerJill | Jun 1, 2022 | Business, Credits, FYI, Individuals, Tax
From electric vehicles to solar panels, “going green” can offer both environmental and financial benefits. With global conflicts and increased gas prices, now may be the time to explore reducing your carbon footprint to better the Earth and save you money. In...
