by somichcpa | Mar 7, 2025 | Uncategorized
During the recent chaos of Federal employment moves over the past couple of weeks, two actions will impact how filing your tax return this year could go and how to prepare accordingly. Voluntary termination After being offered voluntary termination, approximately...
by somichcpa | Feb 28, 2025 | Uncategorized
MYTH: /miTH/ (noun) – a widely held but false belief or idea Many myths about the IRS and the tax code have been amplified online in recent years. Here are several myths that if you believe them, could leave you with an expensive tax surprise. Myth #1: Retirement...
by somichcpa | Feb 20, 2025 | Uncategorized
You may receive a tax document with incorrect information. You may also discover that a tax form you’re expecting was never delivered. Here are several situations you may encounter with incorrect information and what you can do about it. Situation: You receive a tax...
by somichcpa | Feb 4, 2025 | Uncategorized
The IRS has officially opened the 2024 tax filing season! But when should you file your return? While some may benefit from waiting, there are several good reasons to file early. Get Your Refund Faster 💰 If you’re expecting a refund, why let the government hold onto...
by somichcpa | Dec 18, 2023 | Uncategorized
Somich & Associates CPAs, the distinguished full-service accounting firm renowned for its steadfast commitment to empowering family-owned businesses, welcomes Karen Baksa as their Tax Director. Embracing the Somich & Associates CPAs culture, Karen...