Taxpayers can get tax help after hurricanes and other natural disasters
Each year, hurricanes and other natural disasters leave widespread damage in their wake. In addition to property losses, disasters can have an effect on victims’ taxes. The IRS wants taxpayers…
IRS issues guidance on Tax Cuts and Jobs Act changes on business expense deductions for meals, entertainment
The Internal Revenue Service issued guidance today on the business expense deduction for meals and entertainment following law changes in the Tax Cuts and Jobs Act (TCJA). The 2017 TCJA…
Tax preparers should look out for these signs that a criminal stole information
Tax professionals should be alert to the subtle signs of data theft. The IRS and its Security Summit partners note that there are many cases where preparers are victims of…
New employer tax credit for paid family and medical leave available for 2018 and 2019
Today the IRS announced that eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit for tax years 2018 and 2019.…
What does a tax attorney do for clients?
As I indicated previously, the most common client I see has numerous unfiled tax returns. As an example, let’s say that Mr. Jones retains me as his attorney. He has…