by Lawhorn Team Professional | Mar 7, 2024 | Business Advisory Services, Business Practices, Tax
Lawhorn is proud to announce we are utilizing SafeSend Tax Returns for our clients beginning in 2024!! SafeSend Tax Returns is a software company designed for accounting firms and tax professionals to streamline the tax return delivery and signature process for...
by Lawhorn Team Professional | Jul 6, 2023 | Business Practices, Tax
Traditional back-office accounting involves endless stacks of important papers and packed file cabinets. The digital age has changed everything, including back-office accounting, and the benefits go far beyond a cleaner office. In this article we will explain what...
by Lawhorn Team Professional | Aug 8, 2022 | Advice, Tax
This year, many Americans received a letter from the IRS, asking them to verify their identities online. Some letters warned recipients that fraudulent tax returns had been filed for them. The remedy? A complicated series of steps that includes...
by Lawhorn Team Professional | Jul 12, 2021 | Advice, Business Practices, Financial Planning, Miscellaneous, Tax
According to the Internal Revenue Service, more than 74 million tax returns were filed with the help of a tax professional in 2020. Having a tax accountant help you file your taxes is a great and stress-free way to make sure everything is filed correctly. Your tax...
by Lawhorn Team Professional | Jun 18, 2021 | Advice, Financial Planning, Tax
In March 2021, the American Rescue Plan Act expanded the Child Tax Credit (CTC), providing larger payments and a provision for advance payments on the CTC that will start in July. This tax return advance is intended to support families still struggling with financial...
by Lawhorn Team Professional | Jun 11, 2021 | Advice, Financial Planning, Tax
There’s a lot that we already know about President Biden’s American Families Plan (AFP). With an estimated budget of $1.8 trillion, this infrastructure proposal would raise the top income tax rate to 39.6 percent and...