Taxes January 20, 2025
Senate Finance ranking member Ron Wyden and other committee Democrats are pressing Scott Bessent to submit to an IRS audit and release his tax filings ahead of the panel’s vote on his nomination Tuesday.
January 18, 2025
January 29, 2025
January 17, 2025
Taxes April 12, 2023
The IRS lists 21 different 1099 forms. Here is an overview of each form, as of March 2023, and why you could receive one.
Taxes April 11, 2023
When you officially add your spouse to the company payroll, they are taxed on the compensation, but are also eligible for benefits just like any other employee.
Taxes April 10, 2023
No matter how big an accommodation platform provider is, complying with state and local accommodation tax requirements can quickly become a burden.
Small Business April 10, 2023
The 27-cent retail delivery fee applies to all deliveries containing at least one taxable item that are made by motor vehicle to a location in Colorado.
Taxes April 8, 2023
The IRS says most e-filed tax refunds are direct deposited into taxpayer bank accounts in as little as 10 days, so why pay to get your refund?
Taxes April 7, 2023
From 2012 through 2016, Tedla and her coconspirators prepared and electronically filed with the IRS fraudulent returns on behalf of clients and illegally-obtained identities of unwitting taxpayers
Taxes April 7, 2023
Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.
Taxes April 7, 2023
Beginning April 3, 2023, the IRS will make available the electronic version of the Form 8940 that exempt organizations use to make miscellaneous determination requests online at Pay.gov.
Taxes April 7, 2023
Anyone can request an automatic six-month extension to file. An extension allows for extra time to gather, prepare and file paperwork with the IRS.
Taxes April 7, 2023
She also shares hope that with long-term funding and prudent management, there is light at the end of the tunnel for taxpayers and practitioners who have experienced problems.
Taxes April 6, 2023
As the IRS begins implementation of this plan, the agency will work with the public, partners and oversight groups to ensure the transformation work meets the needs of taxpayers and the nation.
Accounting April 5, 2023
“Revenue Procedure 2022-19 provided much needed guidance and relief for S corporations which inadvertently terminate their S election,” said Jon Williamson, Senior Manager – AICPA.