Payroll January 18, 2025
Should You Actively Trade in a Roth IRA?
Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.
Taxes February 6, 2023
Suspicious White Powder Found at a Georgia IRS Office
A package containing the powder, which was found in the mailroom, was determined to be harmless.
Small Business February 6, 2023
Recreational Marijuana Sales Start in Missouri
On Friday, [Feb. 5, 2023] the Missouri Department of Health and Senior Services issued licenses to 207 dispensaries across the state to legally sell cannabis to anyone over the age of 21.
Taxes February 6, 2023
IRS Looks to Start Tip Reporting Program for Service Industry
IRS seeks public comment on proposed Service Industry Tip Compliance Agreement (SITCA) program.
Taxes February 6, 2023
Treasury Shifts SUV Definition for EV Tax Credits After Carmakers Gripe
The change made Friday is likely to be the difference between thousands of dollars in consumer discounts.
Taxes February 3, 2023
Changes to Tax Credits and Deductions Could Mean Smaller Refunds or Higher Taxes in 2023
Certain tax credits for children and dependents have been reduced, and the charitable deduction some taxpayers took advantage of during the pandemic years is no longer so easy to claim.
Accounting February 3, 2023
Miami Woman Accused of Buying Bentley with PPP Funds
According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, employees ...
Taxes February 3, 2023
R&D Tax Credit Misconceptions and Guidelines
With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.
Taxes February 3, 2023
Georgia Tax Preparer Pleads Guilty to Federal Tax Fraud Charges
Nadine Word submitted false claims for tax credits for her clients and also failed to pay her own personal taxes.
Payroll February 3, 2023
How to take advantage of ’10-Year Averaging’ in New Retirement Tax Rules
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.
Taxes February 2, 2023
Biden Vows to Veto GOP Plan to Abolish the IRS
The president also would veto bill by House Republicans to replace current tax system with a flat consumer tax.
Taxes February 2, 2023
Tax Season Got Off to a Rough Start in Oregon
The Oregon Department of Revenue sent personal tax refund info for 5,000 taxpayers to the wrong address.
Taxes February 2, 2023
Florida CEO Gets 32 Months in Prison for Tax Evasion
To conceal the fraud scheme from the second company and evade taxes on his income for those years, Cory invented fictitious owners, made false representations to his employer, and falsified emails and ...