3.24.20
Putting the Work Opportunity Tax Credit to Work for You
The Work Opportunity Tax Credit (WOTC) is a Federal income tax credit available to all employers who hire individuals from certain targeted groups, who historically…
3.23.20
The IRS Announces That Income Tax Payments Due April 15 Can Be Deferred to July 15, Regardless of the Amount
The IRS and the U.S. Treasury Department have been making a series of announcements to provide tax relief in the wake of the coronavirus (COVID-19)…
3.23.20
Fraudsters Are Using COVID-19 to Fleece Americans
As governments around the globe mobilize to defend their populations from the novel coronavirus (COVID-19), criminals are also mobilizing — to fleece people. These opportunists…
3.20.20
What You Need to Know About the Families First Coronavirus Response Act
President Trump has signed into law the Families First Coronavirus Response Act. Among other things, the new law temporarily requires certain employers to provide expanded…
3.20.20
U.S. Treasury Secretary Now Says Tax Filing Deadline Is Moved to July 15
U.S. Treasury Department Secretary Steven Mnuchin announced that the 2019 income tax filing deadline will be moved to July 15, 2020 from April 15, 2020,…
3.18.20
Federal Tax Payment Deadline Extended to July 15, 2020
UPDATE: U.S. Treasury Secretary Now Says Tax Filing Deadline Is Moved to July 15 The Treasury Department and the Internal Revenue Service are providing special payment…
3.16.20
House Passes Bill to Provide Coronavirus Relief; Senate Expected to Act This Week
Several arms of the federal government have taken, or are weighing, significant steps to help the country deal with the spread of the coronavirus (COVID-19)…
3.16.20
Wait! Don’t Approve That Office Supply Invoice Yet
When Dan received a large shipment of highlighter markers, he was confused. He didn’t remember ordering them — and he was the company’s sole office…
3.6.20
IRS Offers Identity Protection PIN
The IRS can now give eligible taxpayers an “IP PIN,” a six-digit code to help prevent the misuse of Social Security numbers on fraudulent federal…
3.3.20
The High Cost of Internal Fraud
Every so often a dramatic case of financial fraud makes the headlines because of the sheer amount of money involved. But, on average, companies with…