IRS updates FAQ page on 1099-K reporting, as change is coming
28 February 2024
Frequently being asked questions about changes in 1099-K reporting under the American Rescue Plan...
Small businesses should seek tax deferrals, reductions
31 January 2024
“The avoidance of taxes is the only intellectual pursuit that carries any reward.” – economist John...
IRS expanding use of chatbots for taxpayers inquiries
10 January 2024
Artificial Intelligence (AI) is thundering down the development track like race drivers at the...
UPDATE: Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement
4 January 2024
Starting January 1, 2024, a significant number of businesses will be required to comply with the...
Tax cheats betting they won’t wind up with fines, imprisonment
18 December 2023
“Gambling can turn into a dangerous two-way street when you least expect it. Weird things happen...
Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement
7 December 2023
Starting January 1, 2024, a significant number of businesses will be required to comply with the...
2023 Year-End Tax Letter for Individuals
27 November 2023
With rising interest rates, inflation and continuing market volatility, tax planning is as...
Trusting tax-scam companies to 'negotiate' with the IRS can be costly
9 November 2023
They’re all over television: advertisements for companies saying they’ll “negotiate” with the IRS...
2023 Inflation Adjustments Impact Qualified Small Businesses, Business Interest Limitation Exemption and Expensing of Depreciable Assets
19 April 2023
Various provisions of the Internal Revenue Code that are tied to specified dollar amounts...
Biden budget proposals propose higher taxes in many areas of life
27 March 2023
President Joe Biden’s 2024 federal budget proposal offers a good, hard look at the administration’s...
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