Taxes January 14, 2025
The proposed regulations address several SECURE 2.0 Act provisions, including ones aimed at the new Roth IRA catch-up rule and the new automatic enrollment requirement for 401(k) and 403(b) plans.
January 14, 2025
January 13, 2025
January 13, 2025
![voip[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/02/voip_1_.5e554fe8863d1.png)
February 25, 2020
Even though the phrase may sound clunky and outdated, Voice over Internet Protocol — better known as VoIP — has actually become the de facto way to keep today’s increasingly mobile workforce and distributed family units connected.
February 25, 2020
Local sales tax rate changes took effect in several states on February 1, 2020. Read on for details. Alabama In Brookwood, the general rate, the rate for admissions to places of amusement and entertainment, and the rate for food for human consumption sold through vending machines increased from 2% to 3%. The withdrawal rate for...…
February 24, 2020
The chart below offers a general timeline of when you should receive your 2020 tax refund, based on when you filed, data from previous years, and IRS policy.
February 23, 2020
Below is a list of the 2020 sales tax holidays, with links to the most up-to-date state information provided by state tax departments. Some departments update dates and information closer to the time of the upcoming sales tax holidays.
February 20, 2020
It’s done. Utah is transforming the state’s sales tax system as part of a broader tax reform package. Upcoming changes include: Adding an additional excise tax on diesel fuel Adding sales tax to charges to access digital products and services Adding sales tax to motor fuel and special fuel other than diesel Broadening sales tax to...…
February 17, 2020
What to know when you might get your 2020 income tax refund? This easy to use chart shows estimated tax refund dates. File early and you will get your refund earlier. IRS refund schedule.
February 14, 2020
With a surge of tax returns expected the two weeks following the Feb. 17 Presidents Day holiday, the Internal Revenue Service offers taxpayers several tips and various time-saving resources to get them the help they need quickly and easily.
February 14, 2020
The IRS issues nine out of 10 refunds in less than 21 days, and the fastest way to get a refund is to file electronically and choose direct deposit. The time around Presidents Day is a peak period for telephone calls to the IRS, resulting in longer ...
February 13, 2020
On February 10, 2020, President Trump unveiled his budget proposals for the 2021 fiscal year. Among other noteworthy items, including more resources being funneled to the IRS, the president is advocating an extension of individual tax provisions in the Tax Cuts and Jobs Act (TCJA) that are slated to be wiped off the books after...…
February 13, 2020
Many businesses share the goal of increasing sales and expanding into new markets. But, now that most states tax sales by out-of-state sellers, such growth often brings new sales tax collection obligations.
February 13, 2020
Easy to use chart shows when you can get your 2020 IRS income tax refund. File early and you will get your refund earlier. IRS refund schedule.
February 12, 2020
Hawaii, Illinois, Michigan, and Wisconsin now require marketplace facilitators to collect and remit tax on third-party sales – this was effective January 1, 2020.