Month: June 2024

Categories
mycurator

Many nonprofits that were affected by the COVID-19 pandemic have financially benefited from claiming the Employee Retention Credit (ERC). But the ERC has become the source of considerable notoriety over the last several years and is now the focus of significant government enforcement activity. Originally enacted in 2020 as […] Click here to view full […]

Many nonprofits that were affected by the COVID-19 pandemic have financially benefited from claiming the Employee Retention Credit (ERC). But the ERC has become the source of considerable notoriety over the last several years and is now the focus of significant government enforcement activity. Originally enacted in 2020 as […]

Click here to view full article

Categories
mycurator

The Internal Revenue Service is once again waiving the hefty penalties for taxpayers who haven’t taken their required minimum distributions on the traditional IRAs they inherited. The agency will waive the penalty for distributions missed in 2024 from IRAs inherited in 2023, where the deceased owner was already subject […] Click here to view full […]

The Internal Revenue Service is once again waiving the hefty penalties for taxpayers who haven’t taken their required minimum distributions on the traditional IRAs they inherited. The agency will waive the penalty for distributions missed in 2024 from IRAs inherited in 2023, where the deceased owner was already subject […]

Click here to view full article