Beware of Gift Card Scam

Gift cards are a popular and convenient gift for all occasions. They’re also a tool that scammers use to steal money from people. Scammers often target taxpayers by asking them…

New Income Ranges for IRA Eligibility in 2021

There are cost of living adjustments that may affect a taxpayer’s pension plan and other retirement-related savings next year. It is important to be familiar with these adjustments, so you…

Questions about PPP Expense Deductions?

One of the most disappointing developments in the Paycheck Protection Program loan guidance was related to the non-deductibility of the expenses paid for by the forgiven loans.  Many organizations, including…

Don’t Forget to E-File Payroll Tax Returns

The next quarterly payroll tax return due date is Oct. 31, and the IRS is urging business owners to use the speed and convenience of filing the returns electronically. IRS…

Right to Finality

Crosslin has received several questions regarding finality and the IRS, so we thought it would be good to discuss this issue in further detail.  Taxpayers interacting with the IRS have…