Blog

WARNING: IRS Economic Stimulus Scams

There are new Stimulus Payment scams being sent to taxpayers. Be on guard and do not fall victim to these scams. They come via email or phone calls and appear to be real (see image to the right). The U.S. Department of the Treasury, the Internal Revenue Service (IRS), and the United States Secret Service […]

Paycheck Protection Program Loan Forgiveness

Paycheck Protection Program (PPP) borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent, or utilities during either the 8- or 24-week period after disbursement. Click here to download the Small Business Association document on how to apply for loan forgiveness.

IRS fights fraud aimed at charities-joins international awareness week

The IRS issued the following release this week in regards to International Charity Fraud Awareness Week, Oct. 19-23. The Internal Revenue Service is combating fraud by once again joining organizations around the world to highlight the third annual International Charity Fraud Awareness Week, Oct. 19-23. International Charity Fraud Awareness Week (ICFAW) brings together everyone involved […]

IMPORTANT UPDATE ON COVID-19 FROM JANET SIENICKI

To our clients, Our office has been locked down since March 14, 2020 for our client and employee safety due to concerns regarding COVID–19.  Although we are closed to the public, we are open as an essential business designated by Indiana Executive Order 20-08 dated March 23, 2020. Please know that our standard policy is […]

Corona Virus Update-Helping Small Businesses

On Friday, President Trump signed into law the Senate’s coronavirus emergency relief package, known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). To better explain the CARES Act, and the relief it will provide, Senator Todd Young’s team created a comprehensive toolkit that outlines what assistance is available and answers many frequently […]

Fall Tax Planning

If you think tax planning only happens in the spring, think again. Taxes are a year-round concern and there’s no better time than the present to plan for the future. Consider the following: Fall means the end of summer and summer camp for many kids. Did you know there’s a tax credit for that? If […]

Home Energy Tax Credits Save You Money at Tax Time

Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. Here are some key facts that you should know about home energy tax credits: Non-Business Energy Property Credit Part of this credit is worth 10 percent of the cost of certain qualified energy-saving items you added to your main […]

Fighting Scams During Tax Season

  I was recently interviewed by Lakeshore Public Radio on the subject of Fighting Tax Scams. You can listen to the entire interview below.

IRS Alerts Payroll and HR Professionals to Phishing Scheme Involving W-2s

IR-2016-34, March 1, 2016 WASHINGTON – The Internal Revenue Service today issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme that purports to be from company executives and requests personal information on employees. The IRS has learned this scheme – part of the surge in phishing emails […]

Fighting Tax Scam Phone Fraud

The Internal Revenue Service has a warning for many Americans (and it’s not about paying your taxes). Instead, the agency has tips on how to protect yourself from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or say you have a refund due and try to trick […]