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Taxation on gifts or bequests from US person versus foreign person
At the Federal level, receiving a gift or inheritance has
Work Opportunity Tax Credit – Extension Deadline to submit a request to a DLA
In the IR-2021-168, the IRS provides relief for certain employers claiming the Work Opportunity Tax Credit (WOTC). The
IRS Taxpayer Bill of Rights
As part of the IRS Tax Tip 2021-112, the IRS reminded the taxpayers their Bill of Rights. We
Businesses, charities, and others must update responsible party within 60 days of any change
In the IRS IR-2021-161, the IRS reminded that businesses, charities, and others with Employer Identification Numbers must update
Are you a student getting a summer job?
In Tax Tip 2021-108, the IRS reminded students and first time employees some important considerations. New employees: Employees
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Is your side hustle a hobby or a business?
According to different surveys, it seems that almost two out of five Americans have a side hustle. The pandemic, expansion of remote
IRS payment glitch might generate past due notices for married couples
The glitch in the system is if the "secondary" taxpayer (spouse 2) makes a payment, the system might not link the payment
Philadephia – Permanent Sidewalk cafe license for restaurants
As of 12/31/22, the City of Philadelphia did not renew the temporary sidewalk cafe license that allowed the restaurants during the pandemic