by Anne Marie Hogan | Dec 29, 2022 | Individual Tax
The Energy Efficient Home Improvement Credit now also covers biomass stove and boilers, electrical panels, and home energy audits. The nonbusiness energy credits have been extended to 2032 with removal of lifetime credit limits to an annual credit limit. The credit is...
by Anne Marie Hogan | Feb 28, 2022 | Business Tax
Payroll taxes can seem overwhelming because of the complexity of each filing agency. Below is a simple guideline to understanding the basics of payroll taxes. An employer that process payroll for their employees enters into a fiduciary relationship between the taxing...
by Anne Marie Hogan | Jan 24, 2022 | Tax Resolution
Don’t panic! The letter wording is designed to get your attention. The letter is to make you aware of a possible problem. And most letters are triggered by a computer. So it maybe as simple issue of the IRS has not processed documents you have already submitted....
by Anne Marie Hogan | Jan 3, 2022 | Individual Tax
The season is on us again to file our tax returns and it is important to be prepared for the deadlines. Note that the IRS can extend the deadlines in the cause of events that effect ability to file (i.e. natural disaster, a pandemic, etc.). While we experienced a...