LATEST NEWS
Purchasing a commercial property? Three top items to discuss with your CPA
If you are thinking about purchasing commercial property, there are
IRS provides tax inflation adjustments for tax year 2022
In the Issue Number: IR-2021-219, the IRS announced the tax year 2022 annual inflation adjustments for more than
Closing your business? Communicate with tax authorities
If you are closing your business, you need to communicate to the tax authorities (Federal, State and local)
Retirement contributions – 2022 updates
On November 4, the IRS released notice 2021-61 which contains technical guidance regarding all of the cost of
IRS Unemployment compensation refunds – Status early Nov 2021
Based on IRS communication IR-2021-212, the IRS sent approximately 430,000 refunds totaling more than $510 million to taxpayers
MORE NEWS
More notice of deficiencies in circulation and potential last resort, U.S. Tax Court
Over the summer and until now, we have observed a higher number of Notices of Deficiencies from the IRS in forums, colleagues
IRS to receive an additional 30 million 1099-k
The IRS will received approximately 44 million forms 1099-k (this form is for electronic transactions over $600 during the year and related
IRS estimated tax gap of around $668 billion for 2021
The IRS is reporting the tax gap (amount of money that taxpayers are not settled with the Federal tax authority or the