Articles
Background The ERC was initially enacted in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide eligible employers
Read more
Clients nearing Medicare age should know about IRMAA (Income-Related Monthly Adjusted Amount), inflation-adjusted surcharges on parts B and D of Medicare. IRMAA surcharges—which first appeared
Read more
State and local taxes are arguably the most complex part of the tax system in the U.S., and for businesses that operate across state lines,
Read more
The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and
Read more
The Internal Revenue Service said Monday that over $1 billion in unclaimed tax refunds for 2020 is awaiting nearly 940,000 individuals, but time is running
Read more
The Internal Revenue Service's Criminal Investigation unit issued a warning Tuesday about the use of "money mule networks," criminals who exploit networks of innocent people
Read more
The Internal Revenue Service issued a notice Tuesday granting an administrative exemption from the electronic filing requirements for Form 1042, Annual Withholding Tax Return for
Read more
Tax-related scams this year are sophisticated, using the latest in graphic reproduction and personal communication tech to trick taxpayers, especially wealthy clients, advisors say. “Everyone
Read more
By now, CPAs should be aware of the Corporate Transparency Act (CTA), passed in 2021 and effective January 1, 2024. There have been many articles
Read more
Last year’s strong market performance means this year’s required minimum distributions (RMDs) are likely to rise for many retirees. For some, that’s good news. For
Read more
Some public companies are still trying to figure out how to comply with new rules from the US Securities and Exchange Commission requiring speedy disclosure
Read more
Illustration by Pablo Caracol Summary. In 2023, organizations continued to face significant challenges, from inflation to geopolitical turmoil to controversy over DEI and return-to-work policies
Read more