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FASB Seeks Comment on Financial KPIs
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
AICPA News – Nov. 2024
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Home Health Costs Can Be Tax Deductible
If the aide performs other household chores like cooking and cleaning, you must apportion their wages. Only the part allocable to medical care is deductible as a medical expense.
Tax Season Readiness Guide
A 2022 Tax Season Readiness Guide to help you stay informed, save time on planning, and align your team for efficiency.
Good Documentation Helps Small Business Clients Prepare For Audits
Unfortunate as it may be, you know that small business clients too often neglect their bookkeeping, expense documentation, and other tax-related responsibilities.
Home Improvements May Qualify as Medical Expenses on Taxes
In certain limited situations, you may realize a tax break for a home improvement that is deemed to be medically necessary. If you qualify, a portion of the expense is deductible as a medical expense as...
IRS Seeks Public Comment on Draft Changes to UTP Form
The IRS believes the draft changes to Schedule UTP and instructions will improve the form’s usefulness.
Treasury, IRS Expand Program for Approving Retirement Plans
The IRS will now allow 403(b) retirement plans to be covered by the program, it was announced today.
IRS Appeals Office Sets Priorities for the Coming Year
The IRS Independent Office of Appeals has outlined taxpayer service initiative expected in 2023.
What Retirement Savers Need to Know About 2023 IRA Contribution and Income Limits
Here’s what workers should keep in mind about the most recent adjustments from the IRS.