When assisting you with your tax matters, we may need your authorization to communicate with the IRS, access your tax information, or represent you on your behalf. The IRS offers several types of third-party authorizations, each providing different levels of access and authority. Understanding these options will help you determine which authorization is most appropriate for the services we provide and how we can best assist you with your tax matters. Types of IRS Third-Party

Who is eligible for a Trump Account? A child may be eligible for a Trump Account if they: Are under 18 years old; and Have a valid U.S. Social Security Number (SSN). An ITIN does not qualify. Children do not need to live in the United States to be eligible. If your child lives outside the U.S. but has a valid U.S. SSN and meets the age requirement, they may still be eligible for a Trump Account. What is a Trump Account? A Trump Account is a new type of tax-advantaged investme

The IRS has expanded its digital support services for individuals living outside the United States or dealing with international tax matters. The updates include broader live chat assistance and expanded access to the Where’s My Amended Return tool. Expanded Live Chat Assistance Previously, the IRS's international live chat service was primarily limited to questions about transcripts and the status of amended returns. The service has now been expanded to provide assistance si

WHAT’S CHANGING: To cut down on fraud, delays, and rising costs, a recent Presidential Executive Order mandates the end of paper checks...

The U.S. Department of the Treasury is currently appealing a federal court decision that impacts the requirement for companies to report...

Individuals and households that reside or have a business in Alachua, Baker, Bradford, Brevard, Broward, Charlotte, Citrus, Clay Collier,...

IRS Issue Number: Tax Tip 2024-62 Homeowners who make improvements like replacing old doors and windows, installing solar panels or...

In times of disaster, financial concerns often compound the challenges faced by affected individuals and businesses. Fortunately, the...

The Financial Crimes Enforcement Network (FinCEN) has unveiled new regulations mandating enhanced beneficial ownership reporting for...