Buffkin Books LLC

01/24/2023

These are common questions I hear every year. What are some expenses you are surprised you can or can't deduct on your taxes?

Wondering what you can write-off on your business taxes? Start by ruling out this list of 13 business expenses that the IRS does not consider deductible.

12/14/2022

A little satire at the governments expense...

MUNCIE, IN — IRS agents kicked off a new holiday tradition this week as they began nationwide canvassing of taxpayers' homes, sliding down their chimneys in search of undeclared gifts worth $600 or more.

10/14/2022

SC and the IRS have extended the time to file your 2021 income taxes until February 15, 2023. Remember taking advantage of this does not extend your time to pay and will extend the time it takes to get the income tax rebate from South Carolina from December until March of 2023.

SC-2022-06, October 5, 2022 — Victims of Hurricane Ian that began September 25 in South Carolina now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

09/07/2022

The SC Dept. of Revenue said that state residents could be getting a 2022 rebate soon.SCDOR will issue close to $1 billion in state tax rebates to eligeble tax

09/03/2022

IRS fact of the day:

The IRS has about 8 million unprocessed 2021 returns as of August and only answered 11% of calls in 2021.

07/15/2022

01/21/2022

A bit of a panicky news headline, but be sure this is going to be a tax refund waiting game again this year.

WASHINGTON (TND) — Tax filing season starts Jan. 24, and experts say the IRS is in crisis as they face staffing shortages and a backlog of six million unprocessed tax returns from 2020. “Unfortunately, this has been a slow-moving train wreck for decades now,” said Brandon Arnold fr...

01/11/2022

Tax season begins January 24th.