by MTS Tax Preparation, Planning, and Financial Literacy | Apr 25, 2023 | Tax Tips and News
Every year, CPA Practice Advisor asks readers to vote on the technology—both software and hardware—they trust the most. Just one day before the individual filing deadline, the publication announced the results of its nineteenth annual Readers’ Choice Awards, which...
by MTS Tax Preparation, Planning, and Financial Literacy | Apr 20, 2023 | Tax Tips and News
After severe thunderstorms and tornadoes raked parts of Tennessee on March 31, many of Volunteer State taxpayers could use a little good news. The Internal Revenue Service is doing its part, announcing tax relief for storm victims. The agency announced that taxpayers...
by MTS Tax Preparation, Planning, and Financial Literacy | Apr 11, 2023 | Tax Tips and News
The Internal Revenue Service has released its annual Dirty Dozen list of the top scams and schemes posing threats to taxpayers and tax pros, and this year sees some new schemes among the known scams from previous lists. While not ranked by importance or enforcement...
by MTS Tax Preparation, Planning, and Financial Literacy | Apr 6, 2023 | Tax Tips and News
The Inflation Reduction Act of 2022 (IRA) updated the Clean Vehicle Credit to make US-manufactured electric and fuel cell vehicles more attractive to American car buyers. Since provisions in the legislation changed several qualifying requirements that take effect in...
