IRS provides ‘State of the IRS’ update
IRS Commissioner Charles Rettig offered a webinar recently providing updates on the most Frequently Asked Questions (FAQ) regarding the state of the IRS right...
From the IRS Newsroom: Filing in 2022, guidance regarding the ERC, National Tax Security...
Below are some of the most recent updates to come out of the IRS:
Get ready for taxes: What's new and what to consider when...
From the IRS Newsroom: IRS Free File Program, Tax Forum Webinars, Oct. 15 FBAR...
IRS Free File program available through Oct. 15
IR-2021-198, October 5, 2021 — The Internal Revenue Service announced today that Free File remains available through...
ICYMI from the IRS Newsroom: Reporting qualified sick and family leave, Deadline for third...
Below are some recent press releases from the IRS Newsroom:
Treasury, IRS issue guidance for 2021 on reporting qualified sick and family leave wages
IR-2021-178, September...
Interest rates remain the same for the fourth quarter 2021
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning October 1, 2021. The rates will...
Child Tax Credit: New update address feature available with IRS online portal; make other...
The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their...
Seize this Pre-PTIN Renewal Opportunity to Keep Your Tax Practice Compliant with IRS Requirements...
Here we are... literally almost two months away from the IRS opening up PTIN renewal in October.
It’s the perfect opportunity to make sure you...
IRS News: Refunds for Unemployment Tax
The IRS announced they will be sending refunds to the approximately 13 million taxpayers affected by the tax law change regarding unemployment compensation received.
IRS issues guidance on taxability of dependent care assistance programs for 2021, 2022
The Internal Revenue Service today issued guidance on the taxability of dependent care assistance programs for 2021 and 2022, clarifying that amounts attributable to...
IRS to recalculate taxes on unemployment benefits; refunds to start in May
To help taxpayers, the Internal Revenue Service announced yesterday that it will take steps to automatically refund money this spring and summer to people...
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Estate Planning: How you can prepare for success
The current administration has not let go of plans for estate tax law changes. While the 2021 proposed tax bill, the American Families Plan,...
5 skills that will help prepare you for success
The next generation of leaders already is facing its own set of challenges, from inflation to staffing shortages. And while challenges are always consistent...
Tax deductions for owner-operator truck drivers
Owner-operators are the people who own and operate a trucking business. Since they are not categorized as employed individuals, the process of filing taxes...