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 March 1, 2023
The Tax Blotter – March 2023
Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.
Taxes February 28, 2023
This is the One Easy Tax Credit Many U.S. Workers are Overlooking
Just 49% of workers know about the credit, which can help them save for retirement and lower their taxes, a survey found.
Taxes February 28, 2023
Clerical Error Results in Wrong Tax Refunds for Hundreds of Iowans
Roughly 300 Iowans who had filed their 2022 federal tax returns did not receive the correct federal refund.
Taxes February 28, 2023
IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters
Disaster-area taxpayers in most of California and parts of Alabama and Georgia received tax filing and payment relief.
Taxes February 24, 2023
IRS Processing Tax Returns At a Quicker Rate Than Last Year
As of Feb. 3, the IRS said it has processed more than 16.7 million tax returns—29% more than in 2022.
Taxes February 23, 2023
Hotel-Based State and Local Tax Revenues Continue Increase
Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level of 65.9%. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.
Accounting February 23, 2023
Accounting Firm FORVIS Donates $500K to United Way for Hurricane Ian Relief in Florida
The firm’s donation also will help fund other unmet needs including construction costs for people repairing and rebuilding homes and labor costs for United Way staff assisting people through the recovery process.
Taxes February 23, 2023
Avalara Launches Automated Property Tax Compliance Solution for Businesses and Accountants
For businesses, keeping up with property tax requirements like filing deadlines and payment processes can be a complex, manual, and error-prone process that leads to costly noncompliance.
Small Business February 23, 2023
Here’s Some Crazy Things Small Business Owners Would Rather Do Than Their Taxes
Many small business owners dislike tax time so much that they would rather get a mullet haircut or a root canal.
Taxes February 21, 2023
IRS and Treasury Finalize E-Filing Rules for Businesses
The final regulations reflect changes made by the Taxpayer First Act that strengthen e-filing requirements.
Taxes February 21, 2023
Ex-IRS Clerk Pleads Guilty in Death of Co-Worker
Margarita Aispuro-Camacho faces a maximum of 20 years in prison and a $1 million fine.
Taxes February 21, 2023
IRS: Taxpayers Can Now Upload Documents for These 9 Notices
Taxpayers receiving these notices can respond securely to the IRS online, even if they don't have an IRS online account.