PPS Blog 

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...

To be tax-exempt under Section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for any...

The Internal Revenue Service reminds those who make estimated tax payments such as self-employed individuals, retirees, investors,...

The Internal Revenue Service announced it has begun using voice and chat bots on two of its specialized toll-free telephone assistance...

For costs paid or incurred after September 8, 2008, the business can deduct a limited amount of start-up and organizational costs. They...

Taxpayers have two options when completing a tax return, take the standard deduction or itemize their deductions. Most taxpayers use the...

The Internal Revenue Service announced that the nation's tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin...

Depreciation is an annual tax deduction that allows small businesses to recover the cost or other basis of certain property over the time...

The school year is in full swing. Many teachers are already dipping into their own pockets to buy classroom supplies that will help set...

Small business advertising and marketing costs may be tax deductible so it is good for small business owners to review which costs...

The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500,...

The IRS reminds all active federal tax return preparers they must renew their Preparer Tax Identification Numbers now for 2022. All...