Taxes April 28, 2026
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes April 12, 2023
Now that the IRS has just released its Strategic Operations Plan which lays out the allocation of the funds, you may want to pay close attention to this plan.
Accounting April 12, 2023
The spending plan includes goals and timetables covering areas such as operations support, enforcement, taxpayer services and IT modernization.
Taxes April 12, 2023
The IRS lists 21 different 1099 forms. Here is an overview of each form, as of March 2023, and why you could receive one.
Taxes April 11, 2023
When you officially add your spouse to the company payroll, they are taxed on the compensation, but are also eligible for benefits just like any other employee.
Taxes April 8, 2023
The IRS says most e-filed tax refunds are direct deposited into taxpayer bank accounts in as little as 10 days, so why pay to get your refund?
Taxes April 7, 2023
From 2012 through 2016, Tedla and her coconspirators prepared and electronically filed with the IRS fraudulent returns on behalf of clients and illegally-obtained identities of unwitting taxpayers
Taxes April 7, 2023
Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.
Taxes April 7, 2023
Beginning April 3, 2023, the IRS will make available the electronic version of the Form 8940 that exempt organizations use to make miscellaneous determination requests online at Pay.gov.
Taxes April 7, 2023
Anyone can request an automatic six-month extension to file. An extension allows for extra time to gather, prepare and file paperwork with the IRS.
Taxes April 7, 2023
She also shares hope that with long-term funding and prudent management, there is light at the end of the tunnel for taxpayers and practitioners who have experienced problems.
Taxes April 6, 2023
As the IRS begins implementation of this plan, the agency will work with the public, partners and oversight groups to ensure the transformation work meets the needs of taxpayers and the nation.
Accounting April 5, 2023
“Revenue Procedure 2022-19 provided much needed guidance and relief for S corporations which inadvertently terminate their S election,” said Jon Williamson, Senior Manager – AICPA.