March 2016 | Peterson CPA Firm P.C.

March 2016

Tax Reduction Strategies

Income tax reform and President Trump are not exactly my two favorite topics. However, understanding the impact on various income tax deductions and tax credits brought about by President Trump’s attempt to “make things better” vis-à-vis tax reform should not be ignored.

Posted March 29, 2016
IRS & Credit Issues

The IRS issued a worrisome warning on Tuesday, March 1, 2016: payroll and human resources departments should beware of an email phishing scheme in which cybercriminals pose as company executives (including C

Posted March 25, 2016
IRS & Credit Issues

Are you seeking financial relief from a tax liability for an amount less than the full amount owed?

Posted March 22, 2016
Tax Planning

The following questions and answers provide information to individuals of the same sex who are lawfully married (same-sex spouses). These questions and answers reflect the policy outlined in Revenue Ruling 2013-17 in 2013-38 IRB 201.

Posted March 20, 2016
Tax Tips

Do you feel overwhelmed around tax time when trying to select a qualified and suitable tax return preparer? The Internal Revenue Service has published the following Tax Topic 254 as a guide for taxpayers when selecting a tax return preparer.

Posted March 19, 2016