With continuing phone and in-person IRS scams taking place across the country, the IRS wants to help taxpayers understand how and why agency representatives may contact taxpayers. In most instances, the IRS sends a letter or written notice to a taxpayer in advance,...
IRS
Which employers are eligible for the work opportunity tax credit?
Employers, including certain tax-exempt employers, may be eligible for the work opportunity tax credit if they hire individuals who face employment barriers. Work Opportunity Tax Credit This is a one-time credit for each new hire. To claim the credit, employers must...
Here’s what taxpayers need to know about business travel deductions
Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good news is business travelers may be able to off-set some of those costs by claiming business travel deductions when they file their...