Phising Schemes: Don’t Be a Victim to Fraud

2019-04-10T19:36:04+00:00March 5th, 2019|

 

WASHINGTON — Kicking off the annual “Dirty Dozen” list of tax scams, the Internal Revenue Service  warns taxpayers of the ongoing threat of internet phishing scams that lead to tax-related fraud and identity theft.

The IRS warns taxpayers, businesses and tax professionals to be alert for a continuing surge of fake emails, text messages, websites and […]

Business Expense for Meals and Entertainment- Save Your Receipts

2019-02-12T18:29:30+00:00October 19th, 2018|

WASHINGTON — The Internal Revenue Service issued guidance on the business expense deduction for meals and entertainment following law changes in the Tax Cuts and Jobs Act (TCJA).
The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation.

Taxpayers may continue to deduct 50 percent of the cost of […]

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