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Welcome From Uphill CPA Firm, S.C.
Click on "Newsletters" for important reminders and year end tax information
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Tax Alerts
Tax Briefing(s)
One Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update2024 Post-Election Tax Policy Update
IRS Announces Availability of Work Opportunity Tax Credit Through 2025
The IRS has announced that the Work Opportunity Tax Credit (WOTC) will continue to be available to employers through the end of 2025. This federal incentive is designed to encourage businesses to hire...
IRS Alerts Individuals to Fraudulent Tax Schemes on Social Media, (IR-2025-90)
he IRS has cautioned individuals about a rise in fraudulent tax schemes on social media that misuse credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. The scams typically appear...
IRS Urges Emergency Preparedness Ahead of Peak Disaster Season (IR-2025-89)
The IRS has urged individuals and businesses to review emergency preparedness plans as hurricane season peaks and wildfire risks remain high. Essential documents such as tax returns, Social Security c...
IRS Warns of Scams When Donating After Disasters
The IRS has reminded taxpayers that while donating to disaster relief is a compassionate and impactful way to help, it is equally important to remain cautious. In the aftermath of disasters, scam acti...
IRS Highlights Retirement Benefits of IRAs
The IRS has reminded taxpayers that Individual Retirement Accounts (IRAs) continue to provide important benefits for those planning their financial future. A traditional IRA allows earnings to grow ta...
IL - Energy assistance charge increase announced
Illinois announced an increase to the energy assistance charge for electric or natural gas utilities and cooperatives that served 100,000 or more customers in the state on January 1, 2021. Effective J...
MI - Governor Whitmer signs FY26 budget
Governor Whitmer has signed into law Michigan's FY26 budget. The budget rolls back the retirement tax on seniors, expands the working families tax credit, and eliminates state taxes on tips, overtime ...
MN - Mobility enhancing equipment guidance updated
Minnesota updated its guidance on the sales and use tax exemption for mobility enhancing equipment. The exemption applies to qualifying equipment and its repair or replacement parts, regardless of the...
WI - Taxpayer not entitled to earned income credit
The Wisconsin Tax Appeals Commission dismissed a taxpayer’s appeal regarding an earned income tax credit. At trial, the taxpayer could not substantiate his self-employment income and could not provi...

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