Taxes

tax_planning_1_.57bce95f256b3

June 8, 2021 

Estimated Income Tax Payments Due by June 15

The Internal Revenue Service reminds taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without penalty.

vertex

June 7, 2021 

Vertex Strengthens Partnership with Alfa for Indirect Tax Compliance

Vertex, Inc., a provider of tax technology solutions, announced a new integration of its Vertex Lease Tax O Series with Alfa Start. Alfa Start, built exclusively for auto leasing operations of all sizes, is the preconfigured edition of the cloud-based Alfa Systems, the market leader in asset finance software worldwide. This extends Vertex’s partnership with Alfa,...…

Coronavirus Checks Payments Stimulus

May 27, 2021 

IRS Sends Out 1.8 Million More Covid Stimulus Payments

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 ...

irs building_10858577

May 27, 2021 

IRS Interest Rates Unchanged for Q3 2021

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

Covid Taxes IRS

May 17, 2021 

A COVID Tax Season Post-Mortem for 2021

Running an accounting practice has always come with unique challenges, but the COVID-19 pandemic brought unprecedented challenges, as well as some less-obvious opportunities.