Why Are So Many Tax Refunds Unclaimed?

Why Are So Many Tax Refunds Unclaimed? on providentcpas.com

More than a billion dollars is out there waiting to be claimed. Unfortunately, many businesses don’t know they may be entitled to a share of it Each year before tax time, the IRS announces the amount of unclaimed money it’s holding due to people not properly filing their tax returns. In early 2019, the IRS…

Read More

How the HIT Tax Could Eventually Impact Individuals and Entrepreneurs

How the HIT Tax Could Eventually Impact Individuals and Entrepreneurs on providentcpas.com

Even though the health insurance tax (HIT) has been suspended, what will it mean for taxpayers, and especially entrepreneurs, if it’s finally introduced? The health insurance tax (HIT) is intended as a fee imposed on insurance companies, though its implementation has been delayed by lawmakers since 2015. This year, lawmakers have proposed again suspending it…

Read More

Cybersecurity Best Practices for Taxpayers: How to Stay Safe

Cybersecurity Best Practices for Taxpayers: How to Stay Safe on providentcpas.com

When it comes to cybercrime, nobody is safe. From government agencies to senior citizens, online scams surge around tax time to exploit human and digital vulnerabilities. April is a busy month for law-abiding taxpayers and the individuals who help them file. It’s also the busiest month for criminals out to exploit the personal data and…

Read More