January 8, 2024

Tax credits and deductions for individuals

Tax credits and deductions change the amount of a person’s tax bill or refund. People should understand which credits and deductions they can claim and the […]
December 19, 2023

IRS reminds taxpayers, Jan. 16 due date for final 2023 quarterly estimated tax payments

The Internal Revenue Service today reminded taxpayers who didn’t pay enough tax in 2023 to make a fourth quarter tax payment on or before Jan. 16 […]
December 4, 2023

National Tax Security Awareness Week, Day 5: As tax season approaches, IRS, Security Summit partners warn taxpayers, tax professionals to watch out for emerging scams by email, text, phone

To wrap up National Tax Security Awareness Week, the Internal Revenue Service and the Security Summit partners today reminded taxpayers and tax professionals to stay alert […]
November 22, 2023

IRS reminds eligible 2020 and 2021 non-filers to claim Recovery Rebate Credit before time runs out

The Internal Revenue Service is reminding those who may be entitled to the Recovery Rebate Credit to file a tax return and claim their money before […]
November 22, 2023

Thanksgiving Holiday Office Schedule

To our valued clients, our office will be closed on Thursday and Friday, November 23 & 24, 2023. Wishing everyone a Happy Thanksgiving! – Warner Pearson […]
November 16, 2023

Qualified charitable distributions allow eligible IRA owners up to $100,000 in tax-free gifts to charity

The Internal Revenue Service today reminded individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each […]
November 15, 2023

IRS highlights International Fraud Awareness Week; taxpayers urged to protect against scams, schemes

As part of ongoing efforts to protect taxpayers, the Internal Revenue Service reminds people that International Fraud Awareness Week serves as an important time to protect personal and […]
November 13, 2023

Tax season rapidly approaching: Get ready now to file 2023 federal income tax returns in early 2024

With the nation’s tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help “get ready” to […]
November 10, 2023

Employers should certify employees before claiming the Work Opportunity Tax Credit

Employers who hire people from certain groups can reduce the tax they owe when they claim the Work Opportunity Tax Credit on their federal tax return. […]