Resources Library | Catalano, Caboor & Co. CPAs

Need more time to file? Don’t wait, request an extension

The April 15 deadline to file federal income tax returns is coming up fast. Taxpayers who need more time to file, should request an extension by the f...

Read more ➞

Don’t leave a potential refund on the table

Not everyone is legally required to file a federal tax return. However, not doing it could be leaving money on the table. People could be missing out...

Read more ➞

Be informed, not fooled by ghost preparers and tax credit scams

The tax filing season is coming to an end in a couple of weeks, but that doesn’t mean scammers and schemers take a break. Here’s a couple more things...

Read more ➞

Filing tips and updates for gig economy workers

What is gig economy? The gig economy is an activity where people earn income for on-demand work, services or goods. Often, it’s through a digital plat...

Read more ➞

Woman holding a tablet and using a calculator.

What taxpayers can do if they haven’t received all their tax documents

Before filing a federal tax return, taxpayers should make sure they have the necessary and correct documents. Here’s what taxpayers should do if they...

Read more ➞

A deeper dive into the Dirty Dozen: Taxpayers stay alert in peak filing season

Every year the IRS announces a list of top tax scams that threaten the tax and financial information of taxpayers, businesses, and tax professionals....

Read more ➞

IRS Alternative Media Center provides tax info in multiple formats

The IRS Alternative Media Center offers hundreds of products in various formats to make sure taxpayers have equal access to important tax information....

Read more ➞

Tax Breaks for Data Centers Are On the Chopping Block in Some States

Rising energy costs and environmental concerns drive states to reconsider tax incentives.

Read more ➞

A restaurant worker and man sitting at a table, laughing

Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year

Eligible Hoosiers whose earnings this year include gratuities or overtime will not be required to pay state or county income tax on the money when the...

Read more ➞

Vector image of a laptop with a checklist and magnifying glass.

IRS Gives Taxpayers a More Streamlined Way to Report Tax Fraud and Scams

A new web page on IRS.gov consolidates multiple IRS fraud-reporting options into a single, centralized location, making it easier for taxpayers to rep...

Read more ➞

Tax credits and deductions for education

The costs for continuing education can add up quickly and get expensive. There are several tax benefits such as credits and deductions that can help e...

Read more ➞

Taxpayers could see a change in their 2025 tax bill or refund

New deductions have been added, and certain credits have been updated. Some of these changes are retroactive to the start of 2025, which suggests that...

Read more ➞

Taxpayer Bill of Rights: Taxpayers have the right to pay no more than the correct amount of tax

Taxpayers have 10 rights which make up the Taxpayer Bill of Rights. One of which ensures taxpayers have the right to pay only the amount of tax legall...

Read more ➞

Futuristic piggy bank with glasses, illuminated by digital circuits. Set on a desk with a blurred screen backdrop, it embodies modern finance technology.

Americans Split on Using AI for Personal Finances

About half (48%) of Americans say using AI will have a positive impact on their personal finances while the other 52% disagree, according to a NerdWal...

Read more ➞

Angry married couple arguing about their finances

More Than 2 in 5 Americans Believe Financial Secrets Are at Least as Bad as Cheating, Bankrate Survey Says

Money is an uncomfortable topic for many, yet it’s an important ongoing conversation to have in a relationship. Financial secrets undermine trust. And...

Read more ➞