(From IRS) Dangerous W-2 Phishing Scam Evolving; Targeting Schools, Restaurants, Hospitals, Tribal Groups and Others

Article from https://www.irs.gov/uac/dangerous-w-2-phishing-scam-evolving-targeting-schools-restaurants-hospitals-tribal-groups-and-others WASHINGTON – The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2… Continue reading

Keep Reading

Sales Tax Law Changes

Dear Clients: I suspect that you’re aware of these sales tax law changes, but want to mention them just to be sure. Effective January 1, NC will start charging sales tax on repair, maintenance and installation services. The new rules affect when you pay, and when you charge, sales tax. Many businesses will now pay… Continue reading

Keep Reading

Late-Breaking Developments Tax Letter

LATE-BREAKING DEVELOPMENTS TAX LETTER     INTRODUCTION   Many individuals and businesses involved in year-end tax planning are trying to predict the tax changes that may occur after 2016, with the election of Donald Trump as the 45th President of the United States. During his campaign, Mr. Trump emphasized tax reform as one of his… Continue reading

Keep Reading

2016 New Developments Letter

        2016 NEW DEVELOPMENTS LETTER   INTRODUCTION   It seems that keeping up with the rapid pace of tax changes and developments becomes more difficult each year. This year is no exception. To help you adjust to (and plan for) the most significant tax changes that have occurred over the last year,… Continue reading

Keep Reading

2016 Year-End Income Tax Planning For Individual (condensed version)

2016 YEAR-END INCOME TAX PLANNING FOR INDIVIDUALS Check out our extended version of the year-end tax planning for individuals newsletter for more information. INTRODUCTION   It’s that time of year again. Time to focus on year-end planning strategies. Year-end planning is particularly important this year given the large number of recent tax law changes that… Continue reading

Keep Reading

2016 Year-End Income Tax Planning for Individuals (extended version)

2016 YEAR-END INCOME TAX PLANNING FOR INDIVIDUALS Check out our long and short versions of year-end tax planning for individuals! INTRODUCTION   It’s that time of year again. Time to focus on year-end planning strategies. Year-end planning is particularly important this year given the large number of recent tax law changes that offer new tax… Continue reading

Keep Reading

2016 Year-End Income Tax Planning for Businesses (condensed version)

2016 YEAR-END INCOME TAX PLANNING FOR BUSINESSES Check out our extended version of the year-end tax planning for businesses newsletter for more information. INTRODUCTION   Year-end planning for businesses is particularly important this year given the large number of recent tax law changes that offer new tax savings opportunities, in addition to the “time-tested” tax… Continue reading

Keep Reading

2016 Year-End Income Tax Planning For Businesses (extended version)

2016 YEAR-END INCOME TAX PLANNING FOR BUSINESSES Check out our long and short versions of year-end tax planning for businesses! INTRODUCTION   It’s that time of year again. The time for businesses to consider year-end planning strategies. Year-end planning is particularly important this year given the large number of recent tax law changes that offer… Continue reading

Keep Reading

Beware of Fake IRS Tax Bill Notices

The Internal Revenue Service and its Security Summit partners are warning taxpayers and tax professionals of fake IRS tax bills related to the Affordable Care Act. The IRS has received numerous reports of scammers sending a fraudulent version of a notice- labeled CP2000 – for tax year 2015. The issue has been reported to the… Continue reading

Keep Reading

IRS Warns Consumers of Possible Scams Relating to Orlando Mass-Shooting

Our firm would like to share with you the following warning from the IRS: Issue Number: IR-2016-89 WASHINGTON ― The Internal Revenue Service today issued a consumer alert about possible fake charity scams emerging due to last weekend’s mass-shooting in Orlando, Fla., and encouraged taxpayers to seek out recognized charitable groups. When making donations to… Continue reading

Keep Reading