by Jarel Daniels | Sep 15, 2023 | Accounting, IRS, Tax & Accounting
IRS tax fairness changes for business owners The Internal Revenue Service (IRS) is making significant changes in its enforcement efforts to restore fairness to the tax system. With the support of funding from the Inflation Reduction Act, the IRS is shifting its focus...
by Jarel Daniels | Aug 25, 2023 | IRS, Tax & Accounting, Tax filing
Educator expense deduction 2023 As the new school year commences, the Internal Revenue Service (IRS) is underlining the opportunity for teachers and other educators to claim a deduction of up to $300 for out-of-pocket classroom expenses on their 2023 federal income...
by Jarel Daniels | Mar 21, 2023 | IRS, IRS Updates, Tax & Accounting, Tax filing, Tax Payment, Tax tips
Maximize Your Tax Filing: 3 Key Factors to Consider During Tax Season The tax filing season is underway, maximize your tax filing and learn how the Internal Revenue Service (IRS) is implementing improvements with more staffing and technology upgrades as the agency...
by Jarel Daniels | Mar 8, 2023 | IRS, Tax & Accounting, tax and accounting financial weekly updates, Tax Planning Preparation, Tax tips
Why Filing a Tax Return, Even When Not Required, Can Help You Maximize Your Refunds The Internal Revenue Service (IRS) recommends that individuals consider filing a tax return, even if they are not required. Filing a tax return can help individuals receive certain tax...