Income Tax

September 16, 2021 

Taxpayers can file now and schedule their federal tax payments up to the Oct. 15 due date. They can pay online, by phone or with their mobile device and the IRS2Go app. When paying federal taxes electronically taxpayers should ...

Isaac M. O'Bannon

July 1, 2021 

Weisselberg has worked for the organization since the early seventies. He has been praised by the former president for his loyalty on numerous occasions. The CFO has even helped with Trump's tax returns for more than twenty years.

July 1, 2021 

A grand jury in Manhattan filed criminal indictments Wednesday against the Trump Organization and Weisselberg, the Washington Post reported. The indictments will remain sealed until Thursday, so it’s not clear with what they’re specifically charged ...

June 29, 2021 

This year’s “Dirty Dozen” will be separated into four separate categories: pandemic-related scams like Economic Impact Payment theft; personal information cons including phishing, ransomware and phone ‘vishing’; ruses focusing on unsuspecting victims ...

June 24, 2021 

CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...

June 24, 2021 

Because so many new cannabis business owners have lots of questions I've pulled together the common ones I hear so you can help prospective clients understand the ways accounting professionals can support their businesses.

June 15, 2021 

The Treasury Department and the Internal Revenue Service have unveiled an online Non-filer Sign-up tool designed to help eligible families who don’t normally file tax returns register for the monthly Advance Child Tax Credit payments, scheduled to ...

May 27, 2021 

The announcement covers the most recent two weeks of the effort brings the total disbursed so far to nearly 167 million payments. They represent a total value of approximately $391 billion since these payments began rolling out to Americans in batches ...

May 17, 2021 

Roughly 39 million households—covering 88% of children in the United States—are slated to begin receiving monthly payments without any further action required.

May 16, 2021 

Victims of this spring’s storms and tornadoes in Tennessee will have until Aug. 2, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced.

May 14, 2021 

The Internal Revenue Service will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income.

May 14, 2021 

Reach out to your clients as you learn about new legislation or guidance to give them your insights and the digestible version of what it means for them. This is your chance to cut through the technical jargon with easy-to-digest insights and showcase ...