Featured News

A Note to Clients Regarding COVID-19

We hope this correspondence finds you well! We writing to inform you that Crosslin has a plan in place to mitigate any potential business interruption of service for our clients during a pandemic event.  During this unpredictable time, we want to take necessary precautions as advised by the CDC to

Tax Planning: Household Employees

If you hire people to work in your home, you may be legally obligated to pay their federal and state payroll taxes. You must also indicate on your own annual tax return that you employ household workers. Here’s a snapshot of what you must do to steer clear of trouble

Filing Time Extensions for Tornado Victims

As many of you may start to hear soon, the IRS has granted filing relief to victims of the recent tornadoes by extending the filing and payment dates for many returns and taxes until July 15, 2020, for taxpayers with an address of record in the Tennessee counties of Davidson,

IRS Updates Rules on Per Diem Rates

The IRS has updated its guidance to reflect changes made by the Tax Cuts and Jobs Act (TCJA) regarding the rules for determining the amount of an employee’s ordinary and necessary business expenses for lodging, meals, and incidental expenses while traveling away from home. Specifically, it sets out the rules