by Britt & Burroughs | Jun 15, 2020 | Tax Law
More than ever, this tax season will be riddled with delays despite the extended tax deadline. The Internal Revenue Service was already behind before the COVID-19 outbreak. The IRS closed in late March due to the pandemic. And now they are struggling to re-open and...
by Britt & Burroughs | Jan 15, 2020 | Tax Law
Politicians are in constant debate over how to decrease the budget deficit: raise taxes or cut them? Tax researchers often cite a more politically-neutral third option: reduce the “tax gap.” The tax gap is simply the difference between taxes owed and taxes paid....
by Britt & Burroughs | Nov 20, 2019 | Tax Law
According to a report from National Review, recent changes to the tax code, staffing issues and aging technologies have created significant administrative challenges for the IRS: New Rules – There are more than 80 changes to the tax code within the new Tax Cuts...
by Britt & Burroughs | Sep 17, 2019 | Tax Law
If you are running or creating a small business, Britt & Burroughs understands that you have a lot of decisions to make. This September, we will look into some of the options for choosing a business structure and how we can help. Taxes Influence Business...
by Britt & Burroughs | Sep 3, 2019 | Tax Law
Some taxpayers in danger of losing their passports now have some breathing room, thanks to the Taxpayer Advocate Service. Don’t let the IRS revoke your passport. The TAS Offers Help On August 8, 2019, the Internal Revenue Service (IRS) reminded taxpayers...
by Britt & Burroughs | Aug 23, 2019 | Tax Law
Get a headstart on the 2019 tax season. Now is a great time to ensure not only that your return is compliant with current tax laws but also optimized so that you pay no more than required. Make sure you’ve properly managed tax withholding 2019. Here’s What...
