The IRS has announced that it is generally waiving the penalty for any taxpayer who paid at least 85 percent of their total tax liability during the year.
Read More
This year, we are continuing to utilize a program called SafeSend Returns to electronically deliver tax returns. SafeSend Returns allows us to deliver your tax return securely to you, and includes easy-to-follow instructions to digitally sign your e-file authorization forms, download a copy, and make payments (if necessary).
Read More
In the beginning of January, TDG heads to Sunriver, OR for a weekend to spend some fun bonding time together before Tax Season hits full swing.
Read More
The IRS has ceased vital taxpayer services, which include but are not limited to answering taxpayer questions and accepting non-disaster relief transcript requests. Moreover, the IRS has previously stated that it will not issue refunds in the midst of a government shutdown.
Read More
The amount of the proceeds from the sale of your home that you use to pay off the mortgage isn't a factor in figuring your taxable amount for the sale. Instead, the amount you realize on the sale of your home and the adjusted basis of your home are important in determining whether you're subject to tax on the sale.
Read More
Here is an overview of some of the important changes and issues from the Tax Cuts and Jobs Act, as well as some actions you may be able to take before year-end to maximize your tax savings for 2018.
Read More
The Doty Group is reminding business owners of the rules and regulations with respect to the issuance of 1099’s for the 2018 calendar year, as it is the responsibility of business owners to comply with these reporting requirements.
Read More
The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Read More
Beginning April 1, 2019, out-of-state retailers selling above certain thresholds will be required to collect California use taxes on their sales into California. The recent U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. expands the tax collection obligations of certain retailers under California law.
Read More