Most tax practitioners are familiar with reasonable cause as the basis for penalty abatement. But many often overlook another important reason for penalty abatement: the so-called...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2022
There are various rules for unemployment benefits which vary from state to state. As a result, something that will disqualify you in one state might not work in another. This makes...
Posted by KLSM CPA Firm PLLC on 11/21/2021
Forensic accounting is investigating fraud or financial manipulation by conducting very detailed investigations and analyses of financial information. Forensic accountants are often...
Posted by Pat Raskob on 07/31/2021
There's no denying that Covid-19 has changed the lives of millions of Americans. Some people lost their jobs after the permanent closure of their businesses and are yet to get...
Posted by CORE PERFORMANCE on 04/24/2022
For people that relocated to start a new job, they can deduct moving expenses. This deduction is available for people in the military. Rules for Military Qualification Military...
Posted by Elliot Kravitz, ATP on 01/30/2021
Everyone wants to cut taxes, but sometimes people try too hard. Over the years, taxpayers have presented many foolish arguments to justify their tax incentives. We had put together...
Posted by Elliot Kravitz, ATP on 06/11/2020
Non-credentialed tax return preparers are encouraged to join the IRS voluntary program called the Annual Filing Season Program (AFSP) and participate in continuing education (CE) courses....
Posted by Advantage Tax Service on 08/17/2018
