Energy Efficient Home Improvement Credit

Energy Efficient Home Improvement Credit

The Energy Efficient Home Improvement Credit now also covers biomass stove and boilers, electrical panels, and home energy audits. The nonbusiness energy credits have been extended to 2032 with removal of lifetime credit limits to an annual credit limit. The credit is...
Understanding the Basics of Payroll Taxes

Understanding the Basics of Payroll Taxes

Payroll taxes can seem overwhelming because of the complexity of each filing agency.  Below is a simple guideline to understanding the basics of payroll taxes. An employer that process payroll for their employees enters into a fiduciary relationship between the taxing...
What to do when you get an IRS notice

What to do when you get an IRS notice

Don’t panic! The letter wording is designed to get your attention. The letter is to make you aware of a possible problem. And most letters are triggered by a computer. So it maybe as simple issue of the IRS has not processed documents you have already submitted....