by Lavage & Associates PC | Dec 9, 2021 | Tax Tips and News
While most Americans have their eyes firmly on the Christmas holidays, many US retirees have another milestone to consider. While the holidays are the emotional favorite, they shouldn’t let the deadline slip by to make Required Minimum Distributions (RMDs) from their...
by Lavage & Associates PC | Dec 8, 2021 | Tax Tips and News
New guidance is available for employers on the retroactive termination of the Employee Retention Credit. The new information is contained in Notice 2021-65. The reversal comes after passage of the Infrastructure Investment and Jobs Act on Nov. 15 of this year. The new...
by Lavage & Associates PC | Dec 5, 2021 | Tax Tips and News
We’re not trying to be alarming, but if you’ve got a small business, there’s someone looking over your shoulder—and we’re not talking about the government. They are, however, scammers and identity thieves, looking to use the business’ confidential information to file...
by Lavage & Associates PC | Dec 3, 2021 | Tax Tips and News
Six little numbers. They could be all the difference between a happy taxpayer and someone who’s fallen victim to identity thieves. The six numbers make up an Identity Protection Personal Identification Number, also known as an IP PIN, and they can help to keep...
by Lavage & Associates PC | Dec 3, 2021 | Tax Tips and News
Aside from being required by the FTC to have a written data security plan, criminals have increasingly been targeting tax professionals with phishing emails and social media messages. The pandemic—it turns out—has simply given them even more opportunities to create...