How taxpayers can reconstruct records after a disaster
Some taxpayers may need to reconstruct vital records that were lost in a disaster. Having these records is important for tax purposes, federal assistance or insurance reimbursement. Here are a few steps people who were affected by a disaster can take if they need to obtain their lost records.
Small Businesses Can Get Up to $50,000 in Closing Cost Reimbursement
If you purchased commercial property for your small business after October 1, 2024, you can apply for up to $50,000 in closing cost reimbursement. See post for more information.
IRS raises standard mileage rates for remainder of 2026
Citing the increase in the cost of fuel, the IRS has set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of 2026.
July Issue of Exchanging Times®
The Hidden Power of 1031 Exchanges for Agricultural Property Owners
NJ Update: Low Cost Loans for Small and Micro Businesses, Anti-Discrimination Rules Update, & More
Business updates from the State of New Jersey!
Be informed, not fooled by ghost preparers and tax credit scams
The tax filing season is coming to an end in a couple of weeks, but that doesn’t mean scammers and schemers take a break. See post for information on the latest scams that target taxpayers.
Filing tips and updates for gig economy workers
Gig economy workers can reduce their tax bill and keep more of their income, because of provisions in the One, Big, Beautiful Bill.
What taxpayers can do if they haven’t received all their tax documents
Before filing a federal tax return, taxpayers should make sure they have the necessary and correct documents.
Time is running out to claim $1.2 billion in refunds for tax year 2022; taxpayers face April 15 deadline
The IRS today announced that over 1.3 million people across the nation have unclaimed refunds for tax year 2022 and face an April 15 deadline to submit their tax returns.
A deeper dive into the Dirty Dozen: Taxpayers stay alert in peak filing season
Every year the IRS announces a list of top tax scams that threaten the tax and financial information of taxpayers, businesses, and tax professionals.
