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Archives for March 2022

14 Unusual Tax Deductions the IRS Allows

March 11, 2022 by Brian Baum, CPA

14 Unusual Tax Deductions the IRS Allows

You’ll be surprised to learn about some unlikely sounding tax deductions that can be entirely legitimate! If you’re itemizing for tax year 2021, you’re probably trying to claim as many allowable deductions as you can. Why wouldn’t  you? Some of them are pretty conventional. Mortgage interest. Medical expenses. Home office. Charitable contributions… It may be […]

Filed Under: General Information

Just What the Heck Is Going on With the IRS These Days?

March 9, 2022 by Brian Baum, CPA

Just What the Heck Is Going on With the IRS These Days?

Maybe you’ve seen some of the news headlines. Taxpayers face overloaded IRS as filing season opens Monday (AP News, 01/23/2022) An overwhelmed IRS suspends some taxpayer notices (Washington Post, 01/28/2022) Don’t panic if you got a scary IRS notice (CNN, 02/11/2022) And too many other similar stories. Or maybe you haven’t even noticed the flood of news about […]

Filed Under: COVID-19, General Information

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