May 30, 2024

Summer activities that could affect people’s tax returns next year

While summer is a time for fun, it’s never the wrong time to be thinking about taxes – and some of those summer activities could have […]
May 29, 2024

IRS: U.S. taxpayers living and working abroad face June 17 deadline to file their 2023 tax returns

The Internal Revenue Service reminds taxpayers living and working outside the United States to file their 2023 federal income tax return by Monday, June 17. Read […]
May 23, 2024

Memorial Day 2024

To our valued clients, Our office will be closed on Monday, May 27th, to celebrate Memorial Day. For urgent questions, please email us at info@wpvcpa.com. Office […]
May 21, 2024

Tax benefits for homeowners

Whether someone is a current homeowner or buying a new home this summer owning a home can be expensive. There are tax benefits that can help […]
May 20, 2024

IRS provides guidance for the Domestic Content Bonus Credit

The Department of Treasury and the Internal Revenue Service today released Notice 2024-41PDF to modify an existing safe harbor and to provide a new elective safe […]
May 16, 2024

IRS warns taxpayers they may be scam victims if they filed for big refunds; misleading advice leads to false claims for Fuel Tax Credit, Sick and Family Leave Credit, household employment taxes

The Internal Revenue Service issued a consumer alert today following ongoing concerns about a series of tax scams and inaccurate social media advice that led thousands […]
May 13, 2024

What taxpayers should do if they receive mail from the IRS

IRS sends notices and letters when it needs to ask a question about a taxpayer’s federal tax return, let them know about a change to their […]
May 10, 2024

Interest rates remain the same for the third quarter of 2024

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning July 1, 2024. Read the full article from […]
May 9, 2024

To protect against identity theft, IRS adds additional protections to Centralized Authorization File, Transcript Delivery System; changes designed to protect sensitive tax pro, taxpayer information

With identity theft and refund fraud an ongoing concern, the Internal Revenue Service today highlighted additional protections for tax professionals being taken to increase security for […]