LATEST NEWS
Overfunded 529? You can roll up to $35k to a Roth IRA
Thanks to the Secure Act 2.0 passed in 2022, there
Third stimulus payment round on its way
The third stimulus payment is on its way to taxpayers that qualify based on level of income. Payments
SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022
The SBA has published the following press release regarding the deferment for all Covid-19 EIDL and other disaster
Employee Retention Credit – New guidance published by the IRS
As previously published in our post earlier in the year, the change in the Employee Retention Credit (ERC)
PPP change for Schedule C (self-employed) – You can now use Sales/Revenue
PPP keeps changing, if last week, it allowed ITIN holders, individuals with prior criminal records unrelated to fraud,
MORE NEWS
Retirement contributions – 2022 updates
On November 4, the IRS released notice 2021-61 which contains technical guidance regarding all of the cost of living adjustments affecting dollar
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 who paid taxes on
Considering amending your tax return?
Should You Amend Your Tax Return? What Business Owners Need to Know (CPA Guide) Filing taxes is complex, and mistakes can happen.