Blog | ACR Accounting & Consulting Resources

IRS to revoke passports for individuals with significant tax debts

The Internal Revenue Service today urged taxpayers to resolve their significant tax debts to avoid putting their passports in jeopardy. They should contact the IRS now to avoid delays in their travel plans later. Under the Fixing America’s Surface Transportation (FAST) Act, the IRS notifies the State Department (State) of taxpayers certified as owing a …

IRS to revoke passports for individuals with significant tax debts Read More »

Truckers should e-file highway use tax return by September 3

The Internal Revenue Service today issued a reminder for owners of most heavy highway vehicles that the time to file Form 2290, Heavy Highway Vehicle Use Tax Return, began July 1, 2019. The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more. This generally includes large …

Truckers should e-file highway use tax return by September 3 Read More »

IRS Sending Warning Letters to More Than 10,000 Cryptocurrency Holders

The Internal Revenue Service has begun sending letters to more than 10,000 cryptocurrency holders, warning they may have broken federal tax laws. According to the Wall Street Journal, the agency wasn’t specific about the possible violations it was reviewing, but those who hold digital currencies could be subject to a variety of taxes, especially on …

IRS Sending Warning Letters to More Than 10,000 Cryptocurrency Holders Read More »

Sign Up before 07/31/2019 and Get One Month Free

Try our full charge Accounting Service and sign up for an account before 07/31/2019 and we will waive the first month. Just select one of our different service plans, answer a few simple questions and see how much you could save compared to your current provider. Your satisfaction is guaranteed or your money back, no …

Rushing to file taxes can result in errors

File an Extension if Needed! As the April tax-filing deadline nears, many taxpayers may rush to finish their tax returns or find they need extra time to get them done. The IRS recommends that taxpayers file for an extension if they need one. Filing an extension will help taxpayers avoid paying penalties for filing a late return. …

Rushing to file taxes can result in errors Read More »

Tax Reform 2018 Explained

Starting with Tax Year 2018 (Jan.-Dec. 2018), tax forms and schedules are changing due to Tax Reform. Tax Forms as we know them are being cut off and split up in schedules. The House (again) approved the final version of the most sweeping rewrite of the tax code in more than 30 years. The tax …

Tax Reform 2018 Explained Read More »

IRS to revoke passports for individuals with significant tax debts

Truckers should e-file highway use tax return by September 3

IRS Sending Warning Letters to More Than 10,000 Cryptocurrency Holders

Sign Up before 07/31/2019 and Get One Month Free

Rushing to file taxes can result in errors

Tax Reform 2018 Explained

Opening Hours

Quick Links

Follow us