30 05, 2023

Taxpayers: how to appeal a rejected offer in compromise

By |2023-05-27T09:58:46-08:00May 30th, 2023|Finance|Comments Off on Taxpayers: how to appeal a rejected offer in compromise

After the IRS rejects an offer in compromise, taxpayers have 30 days from the date on the rejection letter to request an appeal of the decision. To request an appeal, taxpayers file Form 13711, Request for Appeal of Offer in Compromise, or mail a letter to the IRS with certain information about their situation. Taxpayers [...]

25 05, 2023

Gen Z are immersing themselves in the world of investing

By |2023-05-24T11:13:11-08:00May 25th, 2023|Finance|Comments Off on Gen Z are immersing themselves in the world of investing

There's new research underlining the investment motivations and behaviors among Gen Z investors ages 18–25 that might be a surprise to some. The survey of more than 2,800 Gen Z, Millennial, and Gen X respondents from the U.S., Canada, the UK, and China examined the investment-related behaviors of those with and without [...]

23 05, 2023

After a disaster, affected taxpayers may qualify for tax relief

By |2023-05-20T10:17:49-08:00May 23rd, 2023|Finance|Comments Off on After a disaster, affected taxpayers may qualify for tax relief

Thankfully, tax relief is available for people living in areas declared disasters by the Federal Emergency Management Agency. To determine whether an area qualifies for federal disaster relief, taxpayers should check DisasterAssistance.gov. Find Disaster Assistance Information from the IRS Up-to-date information is available from these IRS resources: Disaster Assistance and [...]

18 05, 2023

Pet parents: Check off bucket list adventures this summer

By |2023-05-17T11:40:03-08:00May 18th, 2023|Lifestyle|Comments Off on Pet parents: Check off bucket list adventures this summer

Summer is all about travel and checking those must-do adventure experiences off of the bucket list. And this year, pet parents aren't leaving their pets behind. According to a recent survey* from PetSmart, more than 60% of pet parents believe it is important to bring their dog along on outdoor activities [...]

16 05, 2023

Tax benefits for businesses that have people with disabilities

By |2023-05-13T11:38:29-08:00May 16th, 2023|Academics|Comments Off on Tax benefits for businesses that have people with disabilities

When employers hire people with disabilities or make their business accessible to employees and customers with disabilities, they may be eligible for certain tax benefits. These tax benefits encourage employers to hire qualified people with disabilities and offset some of the costs of providing accommodations, according to a news release. [...]

11 05, 2023

Vacationers enjoy booking spur-of-the-moment escapes

By |2023-05-10T12:30:45-08:00May 11th, 2023|Lifestyle|Comments Off on Vacationers enjoy booking spur-of-the-moment escapes

As temperatures begin to rise, travelers are getting the urge to explore, and new research shows they're acting on that spur-of-the-moment travel bug. Recent data reveals that two out of three (67%) Americans with travel plans this year say that the best trips are spontaneous and decided on a whim. The [...]

9 05, 2023

Going green may help taxpayers qualify for home energy tax credits

By |2023-05-06T11:27:19-08:00May 9th, 2023|Finance|Comments Off on Going green may help taxpayers qualify for home energy tax credits

The Internal Revenue Service reminds taxpayers that making certain energy-efficient updates to their homes could qualify them for home energy tax credits. The credit amounts and types of qualifying expenses were expanded by the Inflation Reduction Act of 2022. Taxpayers who make energy improvements to a residence may be eligible [...]

4 05, 2023

Health study spotlights rising mental health concerns

By |2023-05-03T10:25:53-08:00May 4th, 2023|Lifestyle|Comments Off on Health study spotlights rising mental health concerns

A new survey found that young adults and physicians continue to see the country struggling with mental health, but most Americans aren't seeking care.  Did you know? Six in 10 (60%) respondents aged 18-32 say they are concerned about their mental health, and two-thirds (67%) say they know a lot [...]

3 05, 2023

‘Offer in Compromise’ can help certain taxpayers resolve tax debt

By |2023-04-29T10:29:10-08:00May 3rd, 2023|Finance|Comments Off on ‘Offer in Compromise’ can help certain taxpayers resolve tax debt

When a taxpayer can't pay their full tax liability or if paying would cause financial hardship, they may want to consider applying for an 'Offer in Compromise.' The Agreement This agreement between a taxpayer and the IRS settles a tax debt for less than the full amount owed. The goal [...]

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