Corporate Transparency Act: 2024 Reporting Requirements

1 year ago

The Corporate Transparency Act (CTA) was passed to enhance financial transparency and counter illicit financial activities, including terrorist financing and…

Qualified Charitable Distributions

1 year ago

As the end of the year approaches, many executives and high-net-worth individuals are focused on tax-saving strategies. While there are…

Building An Effective Whistleblower Program

1 year ago

According to the Occupational Fraud 2022: Report to the Nations, tips are one of the most common ways that fraud…

Energy Online Credit Tool Registration Now Open

1 year ago

When the Inflation Reduction Act was passed last year, it called for significant investments in clean energy. It contained dozens…

IRS Announces ERC Withdrawal Program Details

1 year ago

The high amount of fraud plaguing the Employee Retention Tax Credit (ERC) program reached a tipping point forcing the IRS…

IRS Guidance – Transfer of Clean Energy Vehicle Credits

1 year ago

The Inflation Reduction Act, which was signed into law on August 16, 2022, includes several provisions designed to help fight…

IRS Issues Guidance on Updated Section 45L Rules

1 year ago

For years construction companies and contractors have leveraged the Section 45L federal tax credit for the inclusion of energy-efficient systems…

IRS Issues ERTC Frequently Asked Questions

1 year ago

Over the last year the IRS has issued several warnings about the number of ineligible Employee Retention Tax Credit (ERTC)…

IRS Announces ERTC Processing Moratorium

1 year ago

The IRS announced last week (in IR-2023-169) a moratorium on processing new ERTC claims through the end of 2023. The…

IRS Now Targeting High Income Taxpayers & Partnerships

1 year ago

On September 8, 2023, the IRS issued  a news release (IR-2023-166) detailing enforcement priorities over the coming year. Regulators will…