PPS Blog 

The Internal Revenue Service reminds eligible contractors who build or substantially reconstruct qualified new energy efficient homes...

Protect data using Written Information Security Plan The IRS and its Security Summit partners encourage tax professionals to take...

The IRS wants taxpayers to know that they strive to serve all taxpayers by providing tax information in a variety of formats and...

The Internal Revenue Service issued a final reminder today to nearly 1.5 million taxpayers across the country to claim their refunds for...

Identity Protection PINs stop identity thieves from filing fraudulent tax returns. Taxpayers who participate in this program are assigned...

Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale...

Homeowners who make improvements like replacing old doors and windows, installing solar panels or upgrading a hot water heater may...

The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles,...

According to the IRS: Even after making every effort to file a complete and accurate tax return, mistakes can happen. When a taxpayer...

The amount individuals can contribute to their 401(k) plans in 2023 will increase to $22,500 -- up from $20,500 for 2022. The income...

In most cases, distributions from a traditional Individual Retirement Account are taxable in the year the account owner receives them but...

The Internal Revenue Service reminds taxpayers earning income from selling goods and/or providing services that they may receive Form...

Hurricane Ian victims throughout Florida now have until Feb. 15, 2023, to file various federal individual and business tax returns and...

As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to...

To help struggling taxpayers affected by the COVID-19 pandemic, the IRS issued Notice 2022-36, which provides penalty relief to most...

Crowdfunding is a popular way to raise money online. People often use crowdfunding to fundraise for a business, for charity, or for...

Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good...

When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation. The IRS...

The Internal Revenue Service announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may...

Identity Protection PINs stop identity thieves from filing fraudulent tax returns. When a taxpayer chooses to participate in this...