There are two duties most people would gladly put off as long as possible: The first is writing a will, and the second is updating it to reflect changed circumstances. Whenever you decide to get around to this task, it’s crucial to name the right executors. Regarding the first chore, my client roster includes recalcitrant…
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Rules issued on paid family and medical leave credit – Journal of Accountancy
By Sally P. Schreiber, J.D. The IRS on Monday issued 34 questions and answers on new Sec. 45S, which was added by the law known as the Tax Cuts and Jobs Act, P.L. 115-97, to provide a general business credit for employers who provide paid family and medical leave to their employees (Notice 2018-71). The…
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The Dirty Dozen worst tax scams.
The Dirty Dozen represents the worst of the worst tax scams. Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter anytime but many of these schemes peak during filing season as people prepare their returns or hire someone to help with their taxes. Don’t fall prey. For a detailed…
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Phishing Schemes Make IRS ‘Dirty Dozen’ List of Tax Scams for 2018; Individuals, Businesses, Tax Pros Urged to Remain Vigilant
WASHINGTON — Following continuing threats to taxpayers, the Internal Revenue Service today listed email “phishing” schemes as a top filing season concern and part of the annual listing of the “Dirty Dozen” tax scams for 2018. The IRS warned taxpayers, businesses and tax professionals to be alert to fake emails or websites looking to steal…
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