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Category Archives: IRS
From IRS.gov: The IRS has been alerted to a new email phishing scam. The emails appear to be from the IRS and include a link to a bogus web site intended to mirror the official IRS web site. These emails … Continue reading
The Internal Revenue Service issued a warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers. Reported incidents of this type of crime continue to rise nationwide. The phone scam frequently targets recent immigrants and threatens them … Continue reading
Contributing to a retirement plan is one of the best tax shelters available to you during your working years. Recently, the IRS announced that most of the retirement savings limits will NOT increase for 2014. RETIREMENT PLAN LIMITS FOR 2014: … Continue reading
by Richard S. Schwartz CPA. CVA Will the re-elected President and the new Congress let all these tax rules expires? We’ll have to wait and see. Here is a recap list of all the changes that will be made to … Continue reading
Many healthcare professionals work based on the Academic Calendar. That means that a lot of Doctors switch jobs over the summer. According to our friends at the IRS in their IRS Summertime Tax Tip 2012-06: Summertime is the season that … Continue reading
The Internal Revenue Service issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. The Dirty … Continue reading
If your Keogh or Solo 401(k) accounts are worth more than $250,000, or if you have employees in your plan, you need to file Form 5500-EZ by Tuesday, July 31. For more info: http://www.irs.gov/retirement/article/0,,id=117588,00.html Have questions? We can help: 781.938.0045.
It’s summertime! And taxes are the last thing on your mind, but now is actually the BEST time to think about doing a tax projection. If you have self-employment income, had a job change, got married, have multiple sources of … Continue reading
Have Foreign Accounts? Your FBAR Filing is due 6/30/12 for individuals and businesses with foreign accounts worth more than $10k at any point during 2011.