What is Innocent Spouse Relief?
Author Archives: Service2Client
What is Innocent Spouse Relief?
🖨 Print⏱ 4 min readShare by The word “innocent” in innocent spouse relief can be misleading. It doesn’t imply you’re perfect or blameless – it’s more about whether you knew or should have known about the tax issue. The IRS … Continue reading
National Security
🖨 Print⏱ 4 min readShare by Improving Federal Building Security Act of 2024 (S 3613) – The Federal Protective Service (FPS) contracts security guards to control access to government facilities and screen visitors to detect prohibited items, such as pepper spray … Continue reading
How Reporting Might be Less Complex in 2025
🖨 Print⏱ 4 min readShare by A Dec. 3 proposal from FASB’s Accounting Standards Update (ASU) might provide some flexibility for private businesses and select nonprofits. “Financial Instruments – Credit Losses (Topic 326)” looks at measuring credit losses for contract … Continue reading
Securing Client Data: The Importance of Encrypted Apps
🖨 Print⏱ 4 min readShare by The Salt Typhoon cyberattack is among recent cyberattacks that reaffirm the urgent need for robust data security measures. This attack targeted major telecommunications providers, compromising critical infrastructure and potentially exposing vast amounts of sensitive … Continue reading
Tax Planning 2024
🖨 Print⏱ 4 min readShare by Personal Income Tax Planning Strategies for Year-End 2024 As 2024 draws to a close, it’s the perfect time to review your personal income tax situation and implement strategies to minimize your tax liability for … Continue reading
Energy Tax Credit Changes For 2025
🖨 Print⏱ 3 min readShare by The coming shakeup of the executive branch, along with Republican control of both houses of Congress, means tax changes are highly likely in 2025 and beyond. Positioning for new and amended tax provisions is … Continue reading
