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IRS furloughs 35,000 employees, minimal services provided
As part of the government shutdown, now it is the
Restaurants in the cross hairs of the IRS authorities for tax evasion
At this point, our readers should be aware that there are certain industries that are more subject to
Tax owed vs Tax paid shows a gap of $696 billion for 2022
In the IRS IR-2024-262, the IRS estimated that there is a tax gap of around $696 billion for
1099-K threshold delayed again
In the recent IR-2024-299 released at the end of November, the IRS indicated that the 1099-K threshold is
Federal Judge in Texas issued a nationwide injunction to block the BOI
Yesterday, a Federal Judge Mr. Amos Mazzant issued a nationwide injunction to block the BOI (Beneficial Ownership Information).
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One in five Americans has no retirement savings – what are my options?
With the increase cost of living (inflation) and other factors, one in five Americans has no retirement savings and over half of
I have a visa, do I file taxes in US? Well, depends.
If you have a visa, you might be wondering if you have to file taxes in the United States. Well, it depends.
S Corporation reasonable officer salary reminders
As discussed often, the S Corporation requires the officer to have a reasonable salary (w2). The reasonable requires your salary to be: