By: Rob Jacobson, CPA
Category: Tax – Individual/Family
How to Protect Yourself from 10 Common Tax Scams
By: Paul Wilkin, CPA, MST
New Law Requires Businesses to Identify ‘Beneficial Owners’ to Treasury Department
By: Mark Mirsky, CPA
2022 Tax Letter Update for Businesses and Individuals
By: Mark Mirsky, CPA & Paul Wilkin, CPA
Reach Out to Advisors Now to Ensure Smooth Tax Season
By: Pete Solov, CPA
Illinois Sales Tax Holiday
The sales tax holiday (August 5 – August 13) is designed to give back-to-school shoppers relief on items purchased for student use.
Where’s My IRS Refund?
Did you know the IRS provides a tool on their website that allows taxpayers to check their refund status? The good news is you don’t have to rely on your tax professional to access this information; you can access it directly yourself.
Grocery Tax Suspension in Illinois
To help ease the impact of inflation, the State of Illinois will suspend the 1.00% tax on grocery items starting July 1, 2022 through June 30, 2023. This applies to all Illinois residents and there is no income requirement.
Insights from KRD: Post-tax Season Update
After a rigorous tax season, the tax and financial planning experts at KRD share post-tax season highlights from the IRS and state of Illinois. We’ve also included suggestions for creating your online account with the IRS, in addition to some helpful links.
Understanding Your IRS Notice
Dealing with the IRS can be stressful. There are taxpayers who receive an IRS notice and because they are so fearful, they will pay the notice without verifying the accuracy.