The new taxation legislation regarding the real estate property filing procedures comes into…
Day: May 17, 2016
ID Theft Tops the List in 2016 ‘Dirty Dozen’ Tax Scams
It’s the most vulnerable time of the year for taxpayers: filing season. Around this time, many.
What the New Overtime Ruling Could Mean for Businesses
We’re absolutely sure, that new rules for overtiem wages will affect your company’s taxation…
GAO Finds Holes in IRS Taxpayer Protection Program
DuckDuckGo'a Ranking Algorithm is...?
Criticism of the IRS’s cybersecurity loopholes and breaches is endless, so a recent report by the US Government Accountability Office (GAO) finding the agency’s Taxpayer Protection Program (TPP) problematic isn’t exactly a big surprise. The TPP is intended to identify possibly bogus tax return filers and prevent fraud. But the bad guys are still able…
Best Practices on How Auditors Can Evolve
The more you contribute to your 401k, the more you can reduce your AGI and the amount you owe in taxes. In 2016, the maximum IRA and 401k contribution limits are 5,500 and $18,000 respectively for anyone 49 years of age and under.