A New Way to File Taxes?
The IRS is expected to roll out a new way for Americans to file their taxes. The new act signed by President Biden allocates $15 million...
IRS Deadline Tips & Reminder
The IRS is reminding taxpayers who have not filed their 2021 tax returns; that the filing deadline is right around the corner. With 19...
IRS Interest Rates Update!
Are you aware of the interest rate increase announced by the IRS earlier this week? Starting on October 1st the rates jump from 5% to 6%....
XQ CPA Newsroom Update - IRS Gets $80 Billion!
Today, the XQ CPA Newsroom brings you big updates! This past Sunday, the U.S. Senate passed the Inflation Reduction Act, H.R. 5376, and...
IRS Update!
If you weren’t already aware the IRS is about to go “beast mode” if the Schumer-Manchin bill were to pass. The bill includes $80 billion...
Information to be Aware of Claiming an ERC!
If you are a business owner and someone approaches you about claiming employee retention credit, BEWARE! There have been scammers in the...
Hidden Loan Options for New Homebuyers
Commercial mortgage rates are averaging almost 6%! Although some home buyers are lucky enough to get rates for half of that by using a...
Received a letter from the IRS? Here is what to do.
As a business owner, you have many responsibilities especially when it comes to reporting to the IRS. Today, we are going to talk about...
IRS ups mileage rates
Are you aware of the recent increases in the mileage rate from the IRS? If not let us fill you in on the update, the IRS recently...
IRS Tax Refund 2022: When will the IRS start releasing Tax Refunds?
There is important news today regarding the tax season which starts on January 24th. The deadline to file your 2021 taxes is April 18,...