Tax Hostage

We hope you are all enjoying a day off and celebrating this great nation! May you be safe and blessed in the celebration this evening. If you are needing to celebrate some freedom from tax debt please don't hesitate to call tomorrow!
☎️404-823-8233
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OREO CUPCAKES!
Now that I have your attention, Tax Hostage needs your help. What do you want to know about tax stuff? We have written many blogs but we want to put out something really relevant to our clients and potential clients. So PLEASE, we beg of you, tell us what you want to know.
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Leave out a water or a cliff bar for your hard working postal worker! Especially in this heat, their job is a very hard one.
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Questions about early retirement distributions are always popular. There are some new guidelines and provisions this year from the IRS that might help you decide if you are on the fence with this decision.
https://www.irs.gov/newsroom/retirement-plan-distributions-irs-provides-guidance-on-certain-exceptions-from-10-percent-additional-tax-for-emergency-personal-or-family-expenses-and-for-survivors-of-domestic-abuse

Great news for our Arkansas clients and friends! In this election year, we may keep seeing positive changes for your pocket book.

https://apnews.com/article/tax-cuts-arkansas-huckabee-sanders-legislature-5a21f0fc80ce40ece749b2030c5172c2

Do you as an employer offer educational assistance? Or are you an employee who receives educational assistance. It can be tricky to navigate at tax time but this FAQ is very helpful.
https://www.irs.gov/newsroom/frequently-asked-questions-about-educational-assistance-programs

The scams are getting more and more believable, especially for the older folks who aren't as tech savvy. PLEASE make sure you and your loved ones are asking questions about any tax issues that may arise.

IRS warns against scams targeting seniors; joins other federal agencies to recognize special awareness day | Internal Revenue Service IR-2024-164, June 12, 2024 — As part of continuing efforts to protect the senior community, the Internal Revenue Service today issued a warning about the rising threat of impersonation scams.