Category Archives: Federal & State Tax Resolution Law

The IRS is Hiring!

The IRS is looking to increase its’ workforce in 2022 and has announced that it is looking to hire over 4,000 new contact representatives!

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IRS Interest Rates Increased

The Internal Revenue Service recently announced the increase in interest rates for the coming third quarter or 2022 which begins on July 1, 2022. Whether you owe taxes or made an overpayment will determine if this is welcome news or not.

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Work Opportunity Tax Credit

Owning and operating a small business has never been easy.  Recently between COVID, supply chain issues, rapidly increasing costs and labor shortages the challenges small business owners face are more daunting than ever. But there is always hope and opportunity, sometimes from the most unlikely of sources, like the IRS and the Work Opportunity Tax […]

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Venmo? Paypal? Cash App?

Do you have a business? Provide services and accept payment via a peer-to-peer or electronic service such as Venmo, Paypal or Cash App?  If so you should be aware of changes to the IRS third-party reporting requirements in an effort to stem underreporting of income.

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Common Myths About Tax Refunds

With the April 18th tax filing deadline fast approaching (yes…it’s the 18th this year) many taxpayers are still scrambling to get their returns completed and filed. However, many more have already filed their returns and are awaiting refunds.  The IRS is reporting that for 2021 returns they are processing and delivering refunds in less than […]

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Help From The IRS

Many taxpayers, especially those that decide to prepare and file their tax returns on their own have questions about their return.  These may have to do with the advanced Child Tax Credit, the third round of Economic Impact Payments or other issues.

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IRS Warns Taxpayers To Protect Their Personal Online Information

Anyone who has had their credit card number or email address hacked knows all too well the inconvenience, costs and aggravation that comes with having their personal information stolen.  And if you think that that is bad…well as the saying goes “you haven’t seen anything yet!”

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IRS Warns of Delays

The IRS National Taxpayer Advocate released her annual report to Congress today.  For the year 2021 the Taxpayer Advocate pulled no punches in saying “[t]here is no way to sugarcoat the year 2021 in tax administration…The year 2021 provided no shortage of taxpayer problems.”

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New IRS Rules Encourage Charitable Donations

It’s the time of year that brings out the best in us.  The vast number of charitable events such as toy drives, coat drives, food collections and such and the massive response that they garner are clear evidence of our charitable nature.

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New York State Driver License Suspensions

Many of our client are surprised to learn that New York State can suspend your driver license if you owe state taxes in excess of $10,000.00.  As you can guess they usually find this out when they get the notice in the mail.  Driving with a suspended license is nothing to take lightly.  Besides the […]

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