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 article was published by the IRS. Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Here's an overview of the tax incentives designed to encourage employers to hire qualified people with disabilities and to off-set some of the costs of providing accommodations. [...]
This article was published by the IRS. There are good surprises and there are bad surprises. Generally, a tax-related surprise is probably unwanted. To avoid tax surprises, people should review their tax withholding. There's still time left in 2024 to make changes and see the benefit on their tax return next year. An adjustment made now [...]
This article was published by the MA DOR. If you receive a Notice of Intent to Assess (NIA) or a Notice of Assessment (NOA) from the MA Department of Revenue, it is essential to understand the difference between the two. An NIA is DOR’s determination of additional taxes you might owe, while a NOA is a [...]
If IRS increased how much you owe, such as through an audit, and you disagree, in most cases you may be able to appeal the IRS' decision. The IRS Independent Office of Appeals, sometimes referred to as Appeals, is a separate organization within the IRS. Their mission is to resolve tax disputes fairly and impartially. They [...]
