In case you missed it this past rainy Saturday, here's the video of America's Hometown Thanksgiving Celebration parade. Despite the inclement weather, many still came out to watch. This is one of America's only historically accurate chronological parades, visually bringing the country's rich heritage to life by representing each century from the 17th through the 21st. [...]
This article was published by the IRS. The IRS’s second Employee Retention Credit Voluntary Disclosure Program is open and runs through Nov. 22, 2024. This ERC VDP helps businesses repay credits they received after filing ERC claims in error. The program allows businesses to correct improper payments at a 15% discount and avoid potential compliance action [...]
Looking to settle for less with the IRS? Have a tax bill you can't pay? You may see ads from companies promising you they can settle your tax debt for less. While it is true that an offer in compromise (OIC) allows you to settle your tax debt for less than the full amount you owe, [...]
This article was published by the IRS. The IRS recently shared five new warning signs of incorrect claims by businesses for the Employee Retention Credit. The new list comes from common issues the IRS has seen while reviewing and processing ERC claims. Aggressive promoters convinced many businesses to claim this pandemic-era credit when they’re not eligible. [...]
This Veteran's Day, we wanted to be sure you knew that if you're in the military, you have free filing options available to you. When it's time to file your taxes, check out these resources: First, there's the Department of Defense's MilTax. It's free and there are no income limits. MilTax includes tax preparation and electronic [...]
