by Taxing Subjects | Oct 15, 2022 | Tax Tips and News
While Monday, October 17 is the deadline to file tax returns for those who requested an extension earlier this year, some taxpayers may have additional time due to military service or disaster assistance. Additionally, the FBAR deadline has been extended for some due...
by Taxing Subjects | Oct 4, 2022 | Tax Tips and News
IRS extends tax deadlines and lifts dyed diesel fuel penalties for Hurricane Ian victims in Florida. Hurricane Ian slammed into the Florida coast last week, leaving a trail of destruction that resulted in more than a million without power and 81 confirmed dead. The...
by Taxing Subjects | Oct 4, 2022 | Tax Tips and News
Identity theft. Just the mere mention of this mayhem masquerade is enough to make the blood of tax professionals everywhere run cold. As keepers of our clients’ most precious information, we are at once the target to identity thieves, and the solution for our...
by Taxing Subjects | Sep 15, 2022 | Tax Tips and News
The US coastline is about to face the worst of the 2022 hurricane season, and many businesses within a day’s drive are taking steps to prepare. While weatherproofing buildings and fueling generators is important, for tax professionals, there are a few more...
by Taxing Subjects | Aug 24, 2022 | Tax Tips and News
We all know that identity thieves aren’t letting up in their efforts to steal your clients’ personal information so they can file fraudulent tax returns. If anything, they’re picking up the pace. But how can you know your tax prep office has been a target? What are...
by Taxing Subjects | Aug 19, 2022 | Tax Tips and News
Most tax-season-preparation checklists include updating software, reviewing tax law changes, earning continuing professional education credits, and training seasonal staff. Creating or updating a written information security plan (WISP) is one often-overlooked item...