Spencer Wilson Financial Management Services

The IRS has warned taxpayers of a clever scheme by internet scammers to dupe taxpayers into revealing their bank account information under the guise of receiving the $1,200 Economic Impact Payment.

COVID-19 is likely to change the way businesses operate for a long time. Here's how some elements surrounding the pandemic will build the next generation of entrepreneurs.

Set yourself up for success with Monday Motivation from Spencer Wilson Financial Management Services

"With businesses across the country struggling to keep their doors open, scaling your company in this economy might seem like a pipe dream." Here's how to make it happen.

14 million to 23 million Americans "are planning to relocate to a new U.S. city or region due in part to the growing acceptance of remote work," according to a new report.

SCAM alert: The IRS is warning taxpayers about a new text message scam to trick people into disclosing bank account information in order to receive a stimulus check.

Spencer Wilson Financial Management Services - Some Friday tax knowledge for our friends and colleagues.

To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. However, 2020 gives rise to more than the usual tax planning opportunities. Watch this video to learn about these possibilities.

Many people are renting out their homes or vacation homes and are not aware of some special rules that apply to short-term rentals. Some of these rules can be beneficial, while others can be very detrimental.

The IRS has announced it is "expanding taxpayer options for making payments and alternatives to resolve balances owed" for those impacted by COVID-19.

Some Wednesday Wisdom from your friends at Long Beach based Spencer Wilson Financial Management Services

To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and a variety of other tax related numbers each year, which they recently released for 2021.

After pausing due to COVID-19, the IRS has announced that it will resume issuing certain balance due notices - the 500 series - to taxpayers.