Ana Ivonne Aviles, CPA, LLC

07/08/2025

Did you know?

Florida repeals sales tax on commercial rent starting Oct. 1, 2025. Learn what HB 7031 means for landlords, tenants, and compliance.

05/22/2025

The Pros and the Cons of the Big, Beautiful Bill.
From the Tax Foundation Perspective

Republicans have advanced legislation to extend many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) alongside dozens of new provisions. Any comprehensive tax legislation is going to have its wrinkles, and the “One, Big, Beautiful Bill” is no different.

03/03/2025

Did you know?

The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, but it will further not enforce any penal...

01/13/2024

Yes, the child tax credit may be increased for 2023.....We will soon find out

Congress is closer to reaching a deal on a new expanded child tax credit. Here’s what negotiations could mean for you.

01/01/2024

Wishing you and your family a Happy and Prosperous New Year 2024!

09/14/2023

Important!

IRS Puts Immediate Stop to New ERC Claims
(Employee Retention Credit)

To protect taxpayers from employee retention credit (ERC) scams that pose an unacceptable risk to businesses and the tax system, the IRS has halted the processing of new ERC claims until at least January 2024. The agency said the moratorium is necessary due to a surge in questionable claims, the concerns of tax professionals, and the continued aggressive marketing of the credit to ineligible taxpayers.

The IRS will continue processing and paying ERC claims received prior to the moratorium, but noted that increased scrutiny of the claims will result in longer processing times.
The IRS also issued a warning to businesses to be on the lookout for the “wildly aggressive” marketing of misleading or improper ERC claims targeting ineligible taxpayers. The warning was accompanied by a printable version of its ERC checklist that tax preparers can use to explain eligibility for the credit to their clients.

“I commend the IRS for its proactive measures, notably the announcement of an ERC Eligibility Checklist aimed at reducing errors and fraud in the ERC program,” said NATP IRS Liaison Larry Gray. “The rise in claims, exacerbated by misinformation from third-party service promoters, necessitates such actions to safeguard the program's integrity. Given that ERC is a refund of payroll costs, it is important that these funds are disbursed responsibly and in compliance with the law.”

Data Source: NATP and IRS

IR-2023-169, Sept. 14, 2023 — Amid rising concerns about a flood of improper Employee Retention Credit claims, the Internal Revenue Service today announced an immediate moratorium through at least the end of the year on processing new claims for the pandemic-era relief program to protect honest sm...

07/21/2023

💯

This.🤘

07/16/2023

💯

06/26/2023

Great reminder!

Quote of the day.

04/15/2023

Yes!

03/25/2023

Fear be gone...