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

2 years 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

2 years ago

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

Tennessee Information Protection Act

2 years ago

In May, Tennessee unanimously passed the Tennessee Information Protection Act (TIPA), outlining new data privacy protections businesses operating in the…

IRS Guidance on Catch Up Contributions

2 years ago

Over the past few years, Congress has passed various legislation designed to make it easier to participate in and save…

Auto Reenroll Act of 2023

2 years ago

The alarming situation has prompted Congress into action calling for significant changes to make it easier for workers to qualify,…

Updated Guidance – Energy Efficient Home Improvement Credit

2 years ago

The Inflation Reduction Act, passed in August 2022, made significant changes designed to help counteract the effects of growing inflation.…

IRS Intensifies ERTC Fraud Prevention

2 years ago

Over the last few months, the IRS has issued several warnings about companies using misleading or deceptive practices to encourage…

Beware of New Tax Scams

2 years ago

Fraud in any form is certainly unwelcome. Over the past few years there has been a significant increase in the…