LATEST NEWS
BOI is on again – Deadline to file: March 21st, 2025
The BOI saga keeps going on – Now requirement is
NFTs – Tax consideration and complex valuations
Nonfungible tokens (NFTs) have been in the news since artist Beeple sold an NFT for around $70 million
Be careful selecting your payroll provider
How to Choose the Right Payroll Provider for Your Business (CPA Advice in Philadelphia) Choosing the right payroll
Big refund or money due at tax time? Try the IRS withholding estimator
The IRS is providing more and more tools for the taxpayers to access their information online, calculate Child
Hobby activities versus business – Profit purpose?
The IRS as part of their Tax Tip 2021-94 provided more clarification on the hobby activity and how
MORE NEWS
IRS FAQ guidance on clean vehicle credits
The IRS released on Dec 29th, 2022 a FAQ (Frequently Asked Questions) for clean vehicles credits for new, previously owned and commercial
Delayed implementation of 1099-K – Third party payments
The IRS announced on December 23rd, 2022 a delayed implementation of the 1099-k third party payments. This reporting requirement has been extremely
Well-known tax preparation software sent financial information to Meta
In the last months, we have reported some issues with popular tax software that was charging fees or hide the free version