Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from BEM Financial Services
IRS Updates Clean Vehicle Credit Guidance
As electric cars become more common on American roads, fully electric autos (termed “clean vehicles” by the Internal Revenue Service) are now show
2023 IRS Disaster Relief
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the IRS frequently pr
IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns
As of last week, the Internal Revenue Service (IRS) has taken decisive action to address concerns regarding the improper filing of Employee Retention
IRS Shifting Audit Focus Toward More High-Income Taxpayers
The Internal Revenue Service says it’s about to move its main audit spotlight from the everyday working-class individual taxpayer to those engaged i
ETAAC Lays Out its 2023 Recommendations
A key Internal Revenue Service advisory committee has issued its recommendations for 2023, in an effort to keep the IRS – and Congress – on point with
Calif. Disaster Victims Report Confusion Following IRS Notice
Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the F