Author: Surya Padhi, EA
Small business owners: these improvements are coming soon.
Tax Tip 2023-72 Good news for small business owners — improvements to IRS phone service…
An Identity Protection PIN helps shield taxpayers from tax-related identity theft
Tax Tip 2023-70 Identity Protection PINs stop identity thieves from filing fraudulent tax returns. Taxpayers…
S Corp Formation, Benefits and Demerits
Since there is a lot of misunderstanding and false information floating around online about S-Corporations,…
Interest rates remain the same for the third quarter of 2023.
Issue Number: IR-2023-104 WASHINGTON — The Internal Revenue Service today announced that interest rates will…
Estimated Tax
The Internal Revenue Service (IRS) requires taxpayers to make quarterly estimated tax payments on their…
IRS announces 2024 HSA, HDHP limits
As high inflation persists, taxpayers will have more disposable income to contribute to their HSAs…
How can you use HSA for your retirement?
Overview Despite the fact that millions of Americans have HSAs or could qualify for one…
What you should know, when investing in Foreign Mutual Funds?
It is common knowledge that citizens and permanent residents of the United States who earn…
After a disaster, affected taxpayers may qualify for tax relief
Issue Number: Tax Tip 2023-67 Tax relief is available for people living in areas that…
Installing solar panels or making other home improvements may qualify taxpayers for home energy credits.
Issue Number: Tax Tip 2023-68 Homeowners who make improvements like replacing old doors and windows,…