ACTION MAY IMPACT YOUR 401 (k)

Action may impact your 401 (k). Due to the political agenda of climate change, advocacy groups have started pressing investment funds to invest more in technologies that help, not hinder climate change. Changing the corporate goals of large companies is one way to force change, according to a nonprofit shareholder advocacy group “As you Sow”. […]

TAX COURT CASE OF LINDSEY JONES

Tax Court case of Lindsey Jones. The issue in this case is whether a valid tax return would have been filed if one spouse filed for both spouses, when only one spouse signs for both of the spouses. Lindsey Jones and Noah Pike were married in 2022 and filed joint tax returns during their marriage. […]

PHISHING SCAMS TARGET TAX PROFESSIONALS

Phishing scams target tax professionals. With the number of scams in the United States exploding, the IRS is warning tax professionals again, to be aware of scams that specifically target the tax professional community. It is one of the reasons the IRS commissioned the Security Summit, a partnership between Tax Professionals, Tax Software Distributors and […]

PAYROLL TAX CUT AXED IN STIMULUS BILL

Payroll tax cut axed in stimulus bill. Republicans crafting their own plan for a new U.S. virus bill broadly endorsed a fresh round of stimulus checks to individuals extended supplemental jobless benefits and more money for testing while voicing doubts over President Trump’s desired payroll tax cut. The problems began in negotiations with Democrats on […]

SCAMMERS TARGETING UNEMPLOYMENT CLAIMS

Scammers targeting unemployment claims. Across the country, consumers are being warned that fraud is on the rise relating to jobless claims. The U.S. Secret Service has spotted trouble in Florida, Washington, North Carolina, Massachusetts, Rhode Island, Oklahoma, and Wyoming. “It is extremely likely every state is vulnerable to this scheme and will be targeted if […]