On Wednesday, the Internal Revenue Service announced it will increase the amount individuals can contribute to their 401(k) plans in 2024.
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IRS places a moratorium on Employee Retention Credit claims
DOJ to pursue fraud from aggressive marketing while IRS will add safeguards to prevent future abuse and protect businesses from predatory tactics
On Sept. 14, the Internal Revenue Service announced an immediate moratorium through at least the end of the year on processing new Employee Retention Credit claims, following reports of a flood of improper claims for the pandemic-era relief program.
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Hurricane Ian Casualty Loss
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 income tax returns until Feb. 15, 2023. This meant that if a valid extension was granted for your individual tax return through until Oct. 17, 2022, you had until Feb. 15. The affected states have followed the same stance as well. read more…
Sale of Home and Capital Gains Tax
Are you thinking about selling your home but worried about the additional tax it could generate?
It is possible that you could be one of the many who can sell your home while avoiding the capital gains tax. read more…
Protect yourself and your business with cyber insurance
With the increased use of digital devices, the number of cyberattacks has steadily risen.
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How to select the correct PC for your needs
Choosing the right PC can be a difficult decision, especially for those who are not tech-savvy.
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Dangers of not Taking a Break from Technology
In today’s world, technology has become an integral part of our lives.
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Take a Break from Technology
Many of us have our faces stuck on screens most of the day. You are either working at a computer, picking up a cell phone to answer email, cruising through social media, or just looking at notifications when you hear that special ding.
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Pay Attention to Your Emails and Make Sure They Are Real
We all get emails from UPS, Walmart, Costco and other big retailers, airlines or travel resorts, but are they real?
Cybercriminals are always looking for ways to get your information, steal money or steal your identity. They will create emails that look like they are from your bank, the IRS, a store you shop at, coworkers, relatives, or friends.
These emails will contain links they want you to click so you can enter your information. Unfortunately, once you do that, the damage is done.
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Password Managers for Personal Use
It feels like two or three times a day, there is a report in the media about a company admitting its data was breached and customer information, including passwords, was stolen.
Even large firms or companies such as Facebook, Twitter and Target have admitted to breaches.
The truth is, no organization is immune from these attacks.
What most people need to be told is that you need to protect yourself not only by paying attention, but by carefully managing your various passwords.
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Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
Surviving Spouse Election to be Treated as Employee
Potential Income and Estate Tax Savings The death of a husband or wife can be an overwhelming time for the surviving spouse, especially when it comes to financial decisions. When a spouse dies, many surviving spouses elect to transfer retirement assets to their own...
How to Avoid IRS Scams During Tax Season
Tax season can be stressful, but it becomes even more challenging when scammers try to take advantage of unsuspecting people. Each year, tax-related scams cost individuals thousands of dollars, and no one wants to become a victim. With the rise of phishing attempts,...
Zinner & Co. Names Laura Haines Partner
Snyder and Hilditch also promoted Zinner & Co. is proud to announce that Laura Haines, CPA, has been named a partner. Prior to her promotion, she was the firm’s Accounting Tax Services Senior Manager. “I am excited for this opportunity,” said Haines. “It will be...
Ohio Homebuyer Plus Program
Many Ohioans have faced obstacles to home ownership due to rising prices and high mortgage rates. As such, the Ohio Homebuyer Plus Program is designed to assist Ohioans on their homebuying journey. Ohio is the only state to have such a program, it creates specialized...
Appeals Court grants temporary stay to BOI Reporting
On Dec. 23, the U.S. Court of Appeals, Fifth Circuit granted a temporary stay of the nationwide injunction which we previously communicated with you about related to the Corporate Transparency Act (CTA). This stay has reinstated the enforcement of the CTA, and...
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