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  • July 01
  • Posted By: Magda Abdo-Gomez
  • Posted In: IRS Scam Alerts
  • Date: July 1, 2024
    • 0
    • 574

IRS Issues Taxpayer Alert Regarding Tax Scams

Although the IRS has issued numerous warnings to taxpayers regarding tax scams involving tax credits and inaccurate tax advice posted on social media, thousands of taxpayers filed tax returns this tax season claiming inflated tax refunds. The IRS has issued a warning that taxpayers who have claimed ...
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  • June 03
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Planning - Natural Disasters
  • Date: June 3, 2024
    • 0
    • 443

Disaster Preparation Tips

Hurricane season is here once again. However, disasters include not just hurricanes. Disasters can be natural or man-made events and can happen at any time. It is important that you take steps to protect important tax and financial information.  Now is the perfect time to review your disaster emerg...
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  • May 01
  • Posted By: Magda Abdo-Gomez
  • Posted In: IRS Scam Alerts
  • Date: May 1, 2024
    • 0
    • 560

IRS’s 2024 Dirty Dozen

Each year the IRS issues a list of scams it refers to as the Dirty Dozen. The purpose of publishing the list is to alert taxpayers to schemes that may cause them not only financial harm, but which may also result in identify theft. The schemes which made this year’s list are: Phishing and smishing...
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  • April 01
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Returns
  • Date: April 1, 2024
    • 0
    • 583

Tax Time Guidance

Tax day is only two weeks away. It is not too late to take steps that may save you money. IRA Contributions: If you qualify for a traditional IRA, you have until April 15 to make a contribution for 2023. You can contribute up to $6,500, or $7,500 if you are over the age of […]...
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  • March 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Employees , Independent Contractors
  • Date: March 2, 2024
    • 0
    • 560

Independent Contractor or Employee?

There seems to be a lot of confusion regarding the classification of workers. The employer and worker believe that whether a worker is an employee or independent contractor is something that can be agreed to by the parties. Many times, the employer believes that the status of the worker depends on w...
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  • February 03
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Returns
  • Date: February 3, 2024
    • 0
    • 590

Choosing a Reputable Tax Preparer

Tax season is officially here. The IRS began accepting tax returns on January 29 and employers and other payors were required to provide income information by January 31. If you do not have a tax return preparer, and do not want to prepare your own return, now is the time to select a tax preparer. [...
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  • January 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Penalties
  • Date: January 2, 2024
    • 0
    • 596

IRS Penalty Relief Program but back to Business as Usual

Taxpayers who owe the IRS automatically receive notices regarding the outstanding taxes. However, due to the effects of the pandemic, in February 2022, the IRS suspended the mailing of these automated reminders to taxpayers to pay the delinquent taxes owed for 2020 and 2021. Although the notices wer...
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  • December 01
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Laws - Changes , Tax Planning
  • Date: December 1, 2023
    • 0
    • 598

Twelve News Items from the IRS

It seems like just yesterday we were celebrating the new year and here we are nearing the end of 2023. Whether it has been a good year for you or not, we still have much to be thankful for, and hopefully the upcoming holidays will give us many reasons to celebrate. In keeping with the […]...
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  • November 01
  • Posted By: Magda Abdo-Gomez
  • Posted In: IRS News
  • Date: November 1, 2023
    • 0
    • 584

What has the IRS been up to?

The IRS has been very busy over the past few weeks. The IRS has announced new programs to address tax abuse and plans to adopt new technology. The following is a summary of some of the things we can expect from the IRS. TAX RETURN FILING PILOT PROGRAM The IRS announced a pilot program which [&hellip...
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  • October 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Businesses , Tax Laws - Changes
  • Date: October 2, 2023
    • 0
    • 892

New Filing Requirements for Many Businesses

In Florida, the formation of a business as a corporation or limited liability company is a matter of public record. However, while the public record contains information about the registered agent, officers/directors and manager/members, no disclosure is required regarding the ownership of the entit...
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Recent Posts

  • IRS’s Dirty Dozen 2025

    IRS’s Dirty Dozen 2025

    May 1, 2025
  • Tax Filing Deadline is Near Beware of IRS Penalties

    Tax Filing Deadline is Near Beware of IRS Penalties

    April 9, 2025
  • Top Tips to Make Tax Return Filing Easier

    Top Tips to Make Tax Return Filing Easier

    March 3, 2025
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Recent Posts

  • IRS’s Dirty Dozen 2025
  • Tax Filing Deadline is Near Beware of IRS Penalties
  • Top Tips to Make Tax Return Filing Easier

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