by Blog | Mar 30, 2023 | Personal Clients - Updates in US
WASHINGTON — The Internal Revenue Service today reminded taxpayers to check their tax returns for common errors that could delay refunds or otherwise affect normal processing. Here are some ways to avoid tax return slipups as the May 17 due date gets closer. Use...
by Blog | Mar 1, 2023 | Business Clients - Updates in Canada, Business Clients - Updates in US, Personal Clients - Updates in Canada, Personal Clients - Updates in US
Filing a tax return electronically reduces errors because the tax software does the math, flags common errors and prompts taxpayers for missing information. Using a reputable tax preparer can also help avoid errors. Mistakes can result in a processing delay, which can...
by Blog | Feb 26, 2023 | Personal Clients - Updates in US
It’s that time of year when taxpayers are thinking about how they want to give back, and many taxpayers will want to donate to a charity that means something to them. The IRS has a tool that may help them make sure their donations are as beneficial as possible. Tax...
by Blog | Feb 5, 2023 | Personal Clients - Updates in US
As taxpayers get ready to file their federal tax returns, most will also be thinking about preparing their state taxes. There’s some good news for filers wanting to save money. Eligible taxpayers can file their federal and state taxes at no cost. Taxpayers whose...
by Blog | Feb 2, 2023 | Business Clients - Updates in US, Personal Clients - Updates in US
The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning Jan. 1, 2023. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, up from 6% for the quarter that...