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Keep the magic of the holidays at home, not in your tax return
To close the year 2024, we bring to your attention
Beware of fake IRS relief programs “National tax relief” or “New fresh start”
On April 4th, 2024, the IRS shared that the Federal Communications Commission issued a cease and desist letter
When in doubt, keep filing BOI reports
As mentioned in previous posts, we highly recommend to keep filing BOI post as needed even after the
BOI ruled unconstitutional by Federal district court
Last Friday night (March 2nd, 2024), as reported in different CPA societies like the Florida Institute one, "...
IRS begins audits of corporate jet usage
Yesterday, the IRS released IR-2024-46 indicating that will put more focus on the audits of corporate jets. There
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Do not rely on Tiktok tax advice – Check with a reputable professional!
In mid June 2024, Victor Garrido attended an IRS conference "Working Together" where the IRS made presentations on several topics. One of
Bipartisan Budget Act of 2015 first results of partnership audit procedures
As the IRS is increasing the attention on partnership returns, especially those with higher asset value or more complexity, we should keep
Educational assistance program – benefits up to $5,250 are not compensation (box 1 – w2)
In the IR-2024-167, the IRS shares the Frequently Asked Questions and general guidance on how the employee's w2 will not reflect any