Tax Relief for American Families and Workers Act of 2024

11 months ago

In late January, the House of Representatives passed important bi-partisan tax legislation that provides several saving opportunities for families and…

2023 Time-of-Sale Report Submission Deadline Extended

11 months ago

Last month, the IRS announced a second reporting deadline extension for auto dealerships that sold eligible electric and other clean…

IRS Issues Guidance on Emergency Savings Accounts

11 months ago

The SECURE Act 2.0 passed into law in December 2022 calls for several updates to plan operations. Due to the…

DOL Issues Final Rule on Worker Classification

11 months ago

There has long been concern that workers have been improperly classified as independent contractors to avoid required pay minimums, insurance…

IRS Announces ERTC Voluntary Disclosure Program

12 months ago

For those companies that had already received payment, the IRS indicated there would be a voluntary disclosure program to help.…

DOL Releases 2023 Audit Quality Study

12 months ago

Over the past decade, the Department of Labor (DOL) has expressed growing concern about the quality of employee benefit plan…

BOI Reporting and Final Rule Updates from FinCEN

12 months ago

Starting in 2024, many businesses will be required to report certain information about company ownership to the Financial Crimes Enforcement…

IRS Announces Another 1099-K Reporting Delay

12 months ago

axpayers who receive payments through providers such as PayPal, Venmo, and Etsy will be happy to learn the IRS has…

IRS Expands Employee Retention Credit Enforcement

1 year ago

Earlier this week, in IR-2023-230, the IRS provided additional details on the results of enhanced enforcement efforts. Specifically, there will…

2023 Year End Tax Planning for Individuals

1 year ago

As the closing weeks of the year quickly approaches, there are many steps that individuals and families can take to…