Top Reasons Taxpayers End Up in Court and How to Avoid Them Tax law is as complex as it is daunting. Each year, countless taxpayers find themselves entangled in disputes that lead to the tax court. Understanding the most litigated tax issues can empower you and your business to navigate the tax maze ...

How Do I Pay My Taxes We have prepared some information on how to pay your state and federal taxes below. As always, please reach out to Eger CPA with any questions. If we are filing an extension for you, please contact us for an estimated tax calculation that is due ...

Small Business Retirement Plans Get Big Boost from Congress Starting a new plan is now more affordable than ever Offering a retirement plan can be a powerful tool when you’re competing to attract the best employees. And now, thanks to the recently passed SECURE Act 2.0, setting up and running a new ...

Smaller Refunds For 2023 Original article from Accounting Today: By now, both the Internal Revenue Service and the media have made many taxpayers aware that they might receive smaller refunds this year than they have become accustomed to. There are a number of reasons for this, according to Stephen Mankowski, tax ...

Individual & Business Tax Changes & Recommendations As we wind down another year we wanted to present you with some changes and recommendations to be aware of - for both Individuals & Businesses.

6 Tax Breaks For Businesses Original article from The Kiplinger Tax Letter, Vol. 96, No.17 There are lots of breaks for buyers of business vehicles under the tax laws. The annual depreciation caps for passenger autos rise a bit in 2021. If bonus depreciation is claimed, the first-year ceiling is $18,200 for ...

4 Reasons Your Business Needs Outsourced Bookkeeping For many businesses, bookkeeping is a responsibility on top of all the other things a business owner has on their plate.  In order for your business to grow, you have to deal with bookkeeping, but they aren't always fun to do - especially for ...

Updated Rules Advance Child Tax Credit The IRS has updated the rules regarding the Advance Child Tax Credit that some of you may have started receiving already. Some taxpayers may have to repay the advance of the Child Tax Credit with their tax return filing if their income exceeds certain thresholds. The rules ...

Consider an IRS IP PIN? How to Protect Your Identity and Credit As fraud expands, thieves have more opportunities to steal your financial identity. The Federal Trade Commission reports that as many as half a million Americans have their identities stolen annually, costing them money and affecting their credit ratings. Identity thieves make ...

Changes in Sick Leave Begin January 1, 2022 Starting January 1, 2021, for employers with 16 or more employees, and starting January 1, 2022, for all employers, the Emergency Paid Sick Leave Act requires employers to provide paid sick leave to their employees, accrued at one hour of paid sick leave for every ...

Are You Still Waiting For Your Refund? The IRS introduced some online tools on Tuesday to enable families to manage their monthly advance payments of the Child Tax Credit. Use the links below to access the IRS pages where you can check your eligibility as well as opt out. If you ...

IRS is now offering tools for managing Child Tax Credit Payments The IRS introduced some online tools on Tuesday to enable families to manage their monthly advance payments of the Child Tax Credit. Use the links below to access the IRS pages where you can check your eligibility as well as ...