Archive for the ‘Blog’ Category

Crowd-Funding Tax Implications

20/02/16 12:59 pm | Comments (0) | Posted By:

Fundraising has gone digital. Millions of individuals are now utilizing social media sites such as and to attract contributors or donations to support their cause. Few, though, are thinking about the income tax ramifications that are created by the crowdfunding environment. Congress and the IRS have not yet ad...

Important Dates for 2015 Tax Returns

11/02/16 11:58 am | Comments (0) | Posted By:

With all of the talk of tax deadlines switching for 2016 tax returns it’s important to go over some of the deadlines for this current tax season. The deadlines for this year are the same as they have been in the past. Here are a few of those dates, but additional guidance can be found on the IRS website.

  • Monday, February 29. Deadline for bus...

Anti-fraud filters delay refunds

04/02/16 10:18 am | Comments (0) | Posted By:

National Taxpayer Advocate Nina E. Olson released her 2015 annual report to the Congress on January 6, 2016. Olson expressed her concerns that the IRS is scaling back telephone and face-to-face services to assist the nation’s individual taxpayers and business entities in complying with their tax obligations. In addition, other key issues were...