Can the IRS Audit a Dissolved Business?
I’m often asked by business owners whether the IRS can audit a business once it’s closed or dissolved. Like with many tax law questions, the answer is: A business...
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Is VPDI Deductible on Schedule A of a Tax Return?
Voluntary Plan for Disability Insurance (VDPI) Starting January 1, 2024, VP employers will pay a VPDI assessment rate of 0.00154, calculated as 14 percent of the 1.1 percent DI...
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Taxpayers: Beware of Disaster Donation Scams
Taxpayers: Beware of Disaster Donation Scams Recent months have seen several natural disasters in the form of Hurricanes Helene and Milton that have devastated areas in the southern Appalachian...
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