IRS Drafting New Version of Form 1040

We keep you updated with the latest news from Martin Hood and helpful information whenever there is a change to employment or tax laws.

IRS Drafting New Version of Form 1040

July 11, 2018

IRS Drafting New Version of Form 1040

To go along with the recent tax reform, the IRS is currently drafting a new version of the Form 1040. What exactly…

Recent Promotions

July 2, 2018

Recent Promotions

Martin Hood is pleased to announce the following promotions at the firm: Dae Kang, Bryan James Dae Kang, pictured left, has been…

What If You Get a Letter from the IRS?

June 28, 2018

What If You Get a Letter from the IRS?

Expanding on one of our posts last week, which discussed how to tell whether a phone call from the IRS is a…

Ruling: Supreme Court Gives States More Authority to Collect Sales Tax

June 22, 2018

Ruling: Supreme Court Gives States More Authority to Collect Sales Tax

The State and Local Tax team has been discussing the ramifications if the Supreme Court ruled in favor of the states and…

Calls from the IRS — Real or a Scam?

June 20, 2018

Calls from the IRS — Real or a Scam?

Many taxpayers have received threatening phone calls from scammers impersonating IRS employees. The frequency of the scam phone calls seems to be…

Economic Confidence on the Rise

May 30, 2018

Economic Confidence on the Rise

In a survey of 1,014 U.S. adults conducted by Harris Poll on behalf of the AICPA, fewer Americans reported putting off major…

Student Loan Interest Rates on the Rise

May 24, 2018

Student Loan Interest Rates on the Rise

Student loan interest rates are on the rise for the coming school year. According to the federal Department of Education, students can…

Things to Consider on the New Tax Law with Charitable Contributions

May 16, 2018

Things to Consider on the New Tax Law with Charitable Contributions

The new tax law does not change the rules for charitable contributions; however it has changed the dynamics of the tax environment,…

Benefits of Filing Your Extended Return Early

May 8, 2018

Benefits of Filing Your Extended Return Early

With the April tax deadline behind us, most individuals have either filed their returns or filed for an extension. The extension deadline…

2018 “Dirty Dozen” Tax Scams

April 25, 2018

2018 “Dirty Dozen” Tax Scams

The IRS recently released an updated 2018 list of the top 12 ("dirty dozen") scams to watch out for: 1. Falsely padding…