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Get ready for the 2023 gift tax return deadline

Get ready for the 2023 gift tax return deadline

April 15 isn’t only the income tax return deadline, it’s also the gift tax return deadline for people who made large gifts last year. Find out if you’re required to file a 2023 gift tax return. (Note: You may want to file one anyway).

Update on IRS efforts to combat questionable ERC claims

Update on IRS efforts to combat questionable ERC claims

Aggressive marketing encouraging businesses to claim the pandemic-related Employee Retention Credit led to many taxpayers erroneously receiving refunds. The IRS has a program that allows them to come forward and repay part of the money before collection efforts begin.

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