audit risk
IRS Ends Unannounced Revenue Officer Visits
The IRS recently announced a major policy change that it will end most unannounced revenue officer visits to taxpayers. This announcement is being picked up… Read More »IRS Ends Unannounced Revenue Officer Visits
Cash in on 0% Capital Gains Tax Rate
While the maximum capital gain tax rate can be as high as 23.8 percent, most taxpayers pay 15 percent. But there is the possibility to… Read More »Cash in on 0% Capital Gains Tax Rate
2024 Health Savings Account Limits
Contribution limits for the ever-popular health savings account (HSA) are set for 2024. And inflation adjustments break through the historic trends of 1 to 2%… Read More »2024 Health Savings Account Limits
Five Steps to Take if You’re Audited
Getting audited is no one’s idea of a good time, yet you can minimize the stress if you take the right approach. Step 1: Understand… Read More »Five Steps to Take if You’re Audited
Improve Next Year’s Tax Situation Now!
Whether you receive a big refund or pay your taxes on tax day, taking action now can ensure next year’s tax bill is optimized by… Read More »Improve Next Year’s Tax Situation Now!