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With tax season well underway, the IRS warns taxpayers to remain on guard when it comes to security. Be especially mindful, says the IRS, of scams involving unemployment benefits.
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Avoiding or minimizing probate is important if you own real estate in more than one state because each piece of real estate titled in your name must go through probate in the state where the property is located.
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As the topic of virtual currency continues to be on the minds of taxpayers, we at Abdo wanted to remind you that the IRS issued guidance on this topic back in 2019.
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Although the R&D credit is for any U.S.-based business that develops, designs, or improves products, processes, formulas, or software—something food, beverage, and agriculture businesses do each day—many have yet to apply for it. Most business owners assume it is only for research labs or large corporations. But this is far from the truth.
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