Common Tax Scams

  Taxpayers should be aware of common tax scams that occur around tax deadlines whether via email or via phone. Please see IRS Tax Tip 2020-90 for some tips to [...]

PPP Loan Forgiveness

  I received the Paycheck Protection Program funds, now what? For my corporate and small business clients that have received funds from the Paycheck Protection Program stimulus package, the big [...]

Economic Impact Payment

Straight from the IRS - Taxpayers with a filing requirement must file a tax return to get an Economic Impact Payment While most eligible taxpayers don’t need to take any [...]

Phishing and Online Scams on the Rise

Just a quick note to remind you to be aware of fraud that is prevalent right now with regard to the various relief packages. If you want to discuss the [...]

Economic Impact Payments

There are myriad economic relief packages flooding out of Washington right now. Many clients are asking me about the economic impact payments. Conveniently, the IRS issued some guidance on these [...]

A Letter From Mike McCormick

Dear Clients, Friends and Colleagues; I sincerely hope this email finds you safe and healthy. These are scary, unprecedented times, but together we will get through this! As the impact [...]

The People First Initiative- IRS Operations

I hope you are staying safe and healthy during these trying times. There has been a lot of things going on in Washington DC geared toward addressing the economic impact [...]

COVID-19’s Impact on the 2019 Tax Season

The events of the past two weeks will potentially impact the 2019 tax season. I wanted to consolidate with the help of our research service the many moving parts in [...]

IRAs and Company Retirement Plans

  Most of our clients have a significant portion of their wealth in IRAs and company retirement plans. There may be a benefit to moving money among different plans, each [...]

2019 Tax Season Letter

  Dear Clients, Friends and Colleagues; Happy New Year! I hope your holidays were terrific and your 2019 was everything you had hoped for! My firm had a big year [...]