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Ho, Ho, Hold it! Be Careful How You Deduct those Holiday Gifts

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Have you started your holiday shopping yet? If you are a business that promotes itself by giving holiday gifts to clients or vendors, the tax law has some very Grinch-like rules about deducting the cost of the gifts you give during the holidays, or at any other time of year. The IRS publication 463 explains […]

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IRS Offers Tips on Avoiding Tax Identity Theft

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The Internal Revenue Service (IRS) estimates tax refund fraud will near $21 billion in 2016. To counteract rising threat, the IRS has put on a full court press to stop identity theft, using a combination of prevention, detection and victim assistance. The “Taxes. Security. Together.” awareness campaign is an effort to better inform taxpayers about

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