by bookworm | Mar 8, 2017 | Uncategorized
As a general rule, the IRS recommends keeping copies of tax returns and supporting documents for at least three years. Some documents should be kept up to seven years in case a taxpayer needs to file an amended return or if questions arise including tax documentation... by bookworm | Mar 7, 2017 | Uncategorized
Sometimes working on a computer can be the worst. Like when you’re writing up some important documents and suddenly my computer freezes or a power outage occurs (this was very common where I went to college). Needless to say, I’ve gotten into a good habit... by bookworm | Mar 1, 2017 | Uncategorized
IR 2017-32 IRS has issued some tips regarding taxpayer phone calls to IRS, including what information callers need to be able to provide to IRS call center assistors to validate their identity. Noting that mid-February marks the agency’s busiest time of the year... by bookworm | Feb 28, 2017 | Uncategorized
Good news for accountants and business owners! There is a quick way for Excel to calculate the business days in a certain period of time. This can be very useful when determining how many work days you need to account for in a certain year. Keep in mind this function... by bookworm | Feb 22, 2017 | Uncategorized
The IRS, state tax agencies, and the tax industry, has issued an “urgent alert” to all employers regarding the Form W-2 (Wage and Tax Statement) email phishing scam. (IR 2017-20) The phishing scam has gone beyond corporates and has entered into other...
