The IRS has faced a significant backlog of over 35 million individual and business income tax returns requiring manual processing, a result of an “unprecedented” number of returns needing additional review, according to the National Taxpayer Advocate. This “historically high” volume of returns awaiting manual review means that many individual
Due to significant changes in recent years, it’s more important than ever to start thinking about your tax situation with time on your side. Economic shifts and government policies have impacted the tax filing process, leading to changes that taxpayers need to be aware of. One notable adjustment has been
Many businesses have been forced to switch to an entirely remote workforce. While working from home you may be asking yourself, how can you and your business file taxes correctly for home-based work, and are there any benefits you should be aware of when filing your taxes for remote work?
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