Woods Tax & Accounting Service

04/25/2025

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The tax code is filled with age triggers. Some are beneficial, while others can create a tax increase surprise. Outlined here are some of the important age triggers everyone should know.

04/18/2025

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After filing your tax return, do not close the book on your taxes until you have set up next year's files, purged unneeded old records, and prepared your records in case of an audit. Here are some tips.

04/11/2025

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Reminder: Tax returns AND first quarter estimated taxes are due by Tuesday, April 15th.

04/04/2025

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The IRS continues to evolve the alternatives available for you to pay your tax bill. Here is what you need to know.

03/28/2025

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Wondering why your tax return is not finished? Often the delay can come from one or two items that were overlooked and are now needed to process your tax return....

03/21/2025

Tax appointments this year can be in person, through a zoom call or a phone call. Schedule an appointment

03/21/2025

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There are a few areas within the tax code that can cause an unpleasant surprise when encountered. Here are seven you should know about.

03/14/2025

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After a tug of war between Treasury and Judicial departments, the on again off again reporting requirement for most small businesses is now without teeth.

03/07/2025

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Ever wonder if the IRS thinks you are voluntarily following the rules? Well they spend a lot of time researching our behavior. Here is what they found.

02/28/2025

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When six percent of a workforce is immediately terminated, it creates a tough environment for those left behind. This is what's happening at the IRS during this year's tax filing season.

02/21/2025

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If you are a victim of tax identity theft, there is more bad news.

02/14/2025

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What you need to know to ensure your allowable business, charitable and medical miles are not dismissed during an audit.