by Brett W. Neate, CPA, MTax | Mar 14, 2024 | Taxes - Corporate & Business, Taxes - Individual, Taxes - Planning, Rules and Returns
One of the most common tax-related misconceptions is that filing a tax extension increases your risk of a tax audit. This longstanding myth is simply not true, as filing a tax extension can statistically decrease the risk of an audit. In addition to...
by Zinner & Co. Tax Team | May 26, 2023 | Taxes - Planning, Rules and Returns
Many of our clients who live in the Southwest Florida region, as well as North and South Carolina, were affected by Hurricane Ian. On Oct. 5, 2022, the IRS published IR-2022-173, which allows hurricane victims in those states an extension of time to file their 2021...
by Zinner & Co. Tax Team | Oct 7, 2022 | Taxes - Corporate & Business, Taxes - Individual, Taxes - Planning, Rules and Returns
$1.2 billion in penalties will be refunded to 1.6 million taxpayers In late August, the Internal Revenue Service announced on its website that it had issued Notice 2022-36, which will provide penalty relief to most taxpayers who filed certain 2019 or 2020 tax...
by Zinner & Co. Tax Team | Sep 2, 2022 | Taxes - Individual, Taxes - Planning, Rules and Returns
In late May, the Internal Revenue Service enhanced the Where’s My Refund? tool on their website. This new feature allows taxpayers to check the status of their refunds for current tax year and two previous years.In order to check their refund status, taxpayers...
