Time-Saving Option Helps Small Businesses Under Audit

November 7, 2013 WASHINGTON — The Internal Revenue Service announced the nationwide rollout of a streamlined program designed to enable small businesses under audit to more quickly settle their differences with the IRS. The Fast Track Settlement (FTS) program is designed to help small businesses and self-employed individuals who are under examination by the Small […]

Healthcare reform is here to stay so get in where you fit in

I have been assisting a number of clients with the expected tax consequences of the Affordable Care Act also known as Obamacare and I am finding that for the most part people are either misinformed or uninformed.  There is also a great deal of fear and trepidation regarding the change to Obamacare.  Humans are predisposed […]

IRS Warns of Pervasive Telephone Scam

IRS YouTube Video: Tax Scams: English | Spanish | ASL WASHINGTON — The Internal Revenue Service today warned consumers about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country. Victims are told they owe money to the IRS and it must be paid promptly through a pre-loaded debit card or wire transfer. […]

IRS Announces 2014 Pension Plan Limitations

WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2014.  Some pension limitations such as those governing 401(k) plans and IRAs will remain unchanged because the increase in the Consumer Price Index did not meet the statutory thresholds for […]

Free Identity Protection Service by CSID Now Open For Enrollment

Columbia, SC (October 24, 2013) — Starting today, South Carolina taxpayers impacted by last year’s security breach at the SC Department of Revenue are able to enroll for up to one year of identity and credit protection coverage with CSID by visiting or by calling 855-880-2743. Enrollment will remain open until October 1, 2014. […]

2014 Tax Season to Start Late Following Government Closure

October 22, 2013 WASHINGTON–The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing season to allow adequate time to program and test tax processing systems following the 16-day federal government closure. The IRS is exploring options to shorten the expected delay and will announce […]

SC ID Protection Service Open for Enrollment October 24, 2013

Learn More and Enroll at or by calling 855-880-2743 Columbia, SC (October 15, 2013) — The State of South Carolina and CSID, a leading provider of global, enterprise-level identity protection and fraud detection technologies and solutions, today announced that taxpayers impacted by last years’ SC Department of Revenue security breach can begin enrolling in the state-provided […]

CSID to Provide Identity Protection for South Carolina Taxpayers

Columbia, SC (October 8, 2013) — Eligible South Carolina taxpayers can sign up and receive state-provided identity protection coverage through CSID, at or 855-880-2743, beginning October 24, 2013. The deadline to enroll is October 1, 2014. Until CSID enrollment is open, taxpayers are encouraged to visit for more information about the services provided. […]

CSID Awarded Contract to Provide SC Identity Protection

Columbia, SC (October 4, 2013) — The South Carolina Budget and Control Board today announced that CSID, a leading provider of global enterprise-level identity protection and fraud detection technologies and solutions, has received the award to assist South Carolina taxpayers whose personal information was compromised during the 2012 Department of Revenue (DOR) security breach. Eligible […]

What the government shutdown does NOT mean

The government shutdown does not mean you get out of paying your taxes.  All payments are due in full on their regularly scheduled dates.  While it might be nice if no taxes were collected during the shutdown, unfortunately it simply does not work that way. It’s enough to make you think they are just yanking […]