2024 tax calendar

2024 tax calendar

To help you make sure you don’t miss any important 2024 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions about the deadlines or would like...
The IRS unveils ERTC relief program for employers

The IRS unveils ERTC relief program for employers

Since July 2023, the IRS has taken a series of actions in response to what it has termed a “flood of ineligible claims” for the Employee Retention Tax Credit (ERTC). Most recently, it launched a Voluntary Disclosure Program (VDP). The program presents a valuable,...

Answers to your tax season questions

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year returns. Here are answers to seven tax season questions we receive at this time of year. 1. What are...
Tax Credits vs. Tax Deductions for Individuals

Tax Credits vs. Tax Deductions for Individuals

When it comes to tax season, you may hear about tax credits and deductions and wonder – what’s the difference? Both can lower your tax bill, but they work differently. Knowing what they are and how they impact your tax situation can benefit you and your...