Payroll Taxes
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‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
Texans Get Tax Relief From the IRS After Hurricane Beryl
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.
IRS: Kentucky Storm Victims Qualify For Tax Relief
Taxpayers in 11 counties now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.
Biden and Trump Spar on Social Security and Taxes During First Debate
The debate featured a relentless barrage of false and misleading statements from both presidential candidates on a number of issues.
Payroll Tax News Updates: April 2024
Under the trust fund recovery penalty (TFRP), a “responsible person” may be held personally liable for the full amount of an employer’s unpaid employment taxes.
IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims
The agency further postponed until Aug. 7 various filing and payment deadlines for those affected by the Aug. 8, 2023, wildfires.
Florida Man Gets Prison for Not Paying $900K in Employment Taxes
A Florida man has been sentenced to 30 months in prison for failing to pay over taxes that he withheld from his employees’ paychecks.
Don’t Let Retirement Tax Benefits Pass By Your Business Clients
Tax professionals have the opportunity to help reduce their business clients’ taxes by recognizing the opportunity for a retirement plan.
5 Changes Coming to Social Security in 2024
As inflation lingers, the Social Security Administration (SSA) is boosting its cost of living adjustment (COLA) for benefit checks in 2024. It’s just one of many changes announced by Social Security recently.