From the tax refund Tag

Refund Amounts – Did You Know?

If your refund amount is different than stated on the filed tax return, part or all of your refund may have been used to pay off (offset) past-due federal tax, student loans, state income […]

Why Is My Refund Different Than The Amount On The Tax Return I Filed?

All or part of your refund may have been used (offset) to pay off past-due federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or other federal non-tax debts, such […]

Tax FAQ Series – I owe taxes for a previous year, but I am getting a refund for the current year. What should I do?

You can just pay the difference. When you’re entitled to a refund, the IRS will first check to see if there are any amounts due for prior years and apply the refund to those […]

Tax FAQ Series – What is considered a business expense/deduction?

During this upcoming tax season, we are hosting a Tax FAQ series on the blog to answer many of the frequently asked tax questions we consistently receive from our small business owning clientele. We […]

Understanding Tax Deductions & Credits

Business taxes are governed by a large volume of tax codes, rules, regulations and procedures. Knowing the ins and outs of these various requirements can make the difference between a tax refund or a […]

Ten Tips to Help You Choose a Tax Preparer

This recently came from the IRS. While I don’t completely agree with everything (particularly with item #4 because it could increase the audit risk in some cases), it is pretty sound advice overall. Ten […]