What people need to know when starting a business
Starting a new business can be a thrilling yet complex journey, especially when it comes to navigating the intricacies of tax obligations. The IRS recognizes the challenges faced by new entrepreneurs and provides a plethora of resources on IRS.gov to help ease this crucial part of business setup. Here’s a practical guide to help you […]
Maximizing Your Tax Filing Efficiency as Deadline Approaches
As the April 15 tax deadline draws near, the IRS is reminding taxpayers that there’s still time to file their federal income tax returns electronically and opt for direct deposit to expedite their refunds. The push for electronic filing comes with numerous benefits, aiming to streamline the process and reduce errors that can occur with […]
Beware of Spearphishing: The IRS Warns Tax Professionals of Ongoing Threats
WASHINGTON — As the IRS intensifies its efforts through the annual Dirty Dozen tax scams campaign, tax professionals and businesses are being reminded of the persistent threat posed by email spearphishing attempts. In an environment where information is a prime asset, the risk of these targeted attacks remains high, particularly through deceptive practices such as […]