(212) 736-0055 info@pntax.com

Schedule Your Small Business Success Consultation

Blog

March Newsletter

Andrew Presti examines, “Tax scams proliferate during filing season”. While Sal Russo discusses, “Lessons-learned TIGTA report points to changes in 2017 filing season”.

Read more
Wayne Naegele

Congressional leaders highlight tax reform proposals

Congressional leaders highlight tax reform proposals As the new administration and Congress get to work, tax reform is high on the agenda. Although legislative language has not been yet released, statements from tax writers in Congress shed some light on various proposals. Tax reform House Ways and Means Chair Kevin Brady, R-Texas, has predicted that […]

Read more
Andrew Presti

Tax scams proliferate during filing season

Tax scams proliferate during filing season The filing season is the most active time of the year for tax scams. These scams take every shape and form, ranging from telephone calls to individuals to sophisticated schemes targeting employers and businesses. The goal of all these scams is identity theft. Using legitimate identities of unsuspecting individuals […]

Read more
Salvatore Russo

Lessons-learned TIGTA report points to changes in 2017 filing season

Lessons-learned TIGTA report points to changes in 2017 filing season The Treasury Inspector General for Tax Administration (TIGTA), in its recently released final report for the 2016 filing season, highlighted the IRS’s response to what was good and what was bad about its performance. It signals what the IRS is doing during the 2017 filing […]

Read more
Wayne Naegele

How do I?…claim the federal fuel tax credit

How do I?…claim the federal fuel tax credit The first step is to determine if you qualify for the federal fuel tax credit. The IRS has uncovered significant fraud associated with the fuel tax credit and is watching for fraudulent claims. The credit is not available to most taxpayers but only to qualified taxpayers, such […]

Read more
Wayne Naegele

FAQ…I received a letter from the IRS inquiring about a suspicious return

FAQ…I received a letter from the IRS inquiring about a suspicious return Tax-related identity theft spikes during the filing season. Many taxpayers discover for the first time that they are victims of identity theft when they receive a letter from the IRS. A taxpayer may receive a letter when the IRS stops suspicious tax returns […]

Read more
Wayne Naegele

March 2017 tax compliance calendar

March 2017 tax compliance calendar As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important federal tax reporting and filing data for individuals, businesses and other taxpayers for the month of March 2017. March 1 Employers. Semi-weekly depositors must deposit employment […]

Read more

February Newsletter

Wayne Naegele discusses, “National Taxpayer Advocate calls for taxpayer – centric IRS”. While Brian Whelan discusses, “Filing season begins; IRS warns of refund delays”.

Read more
Steve Grgas

White House, Capitol Hill talk tax reform in 2017

White House, Capitol Hill talk tax reform in 2017 The change in administrations in Washington has generated a new focus on tax reform. The White House and lawmakers from both parties have discussed tax cuts, infrastructure spending, and more to encourage economic growth. However, the details of their plans have yet to be revealed. Tax […]

Read more
Brian Whelan

Filing season begins; IRS warns of refund delays

Filing season begins; IRS warns of refund delays The 2017 tax filing season launched on January 23. The IRS predicted a few speedbumps for taxpayers, especially for taxpayers who file early in anticipation of early refunds. The agency expects to receive more than 150 million individual income tax returns. The vast majority of individual income […]

Read more