Taxes December 29, 2022
New EV Tax Credits OK for Leased Vehicles, Treasury Guidance Says
It goes against the wishes of Sen. Joe Manchin, who asked Treasury not to allow leased vehicles to qualify.
Payroll December 28, 2022
Marijuana and Workplace Law in 2023
In stark opposition to federal law, the rapid proliferation of state marijuana laws has made maintaining legally compliant drug policies a major task for most employers.
Taxes December 27, 2022
How to Max Out the Gift Tax Exclusion
When possible, limit your lifetime gift-giving to amounts covered by the annual gift tax exclusion.
Taxes December 27, 2022
Saver’s Tax Credit Helps Reward Workers for Saving for the Future
The Retirement Savings Contributions Credit, also known as the Saver's Credit, helps offset part of the first $2,000 workers voluntarily contribute to ...
Taxes December 27, 2022
Rely on New Per Diem Rates
The government annually establishes a flat rate for certain “high-cost areas” such as New York, Chicago and Los Angeles and other major cities.
Taxes December 27, 2022
Tough Tax Law Test for Real Estate Professionals
Generally, investors in activities such as real estate in which they don’t materially participate can only take deductions up to the amount of their passive income for the year.
Accounting December 26, 2022
$1.7 Trillion Government Spending Package Clears Senate and House, Heads to President
On Thursday, 166 members voted by proxy, taking advantage of the pandemic-era policy that Republicans have vowed to end in the next Congress,
Taxes December 25, 2022
Three Key Expiring Business Tax Provisions
At this time of year, Congress usually addresses a number of tax law provisions that are going off the books.
Taxes December 23, 2022
IRS Puts $600 1099-K Threshold Rule on Hold
The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
December 23, 2022
When to Expect 2023 IRS Income Tax Refunds – Estimated Date Chart for Tax Refunds
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on information we have now, and using projections based on previous years- and depending on when a person files their return.
Digital Currency December 22, 2022
Sam Bankman-Fried Released on $250 Million Bond in FTX Fraud Case
The bail package requires him to stay with his parents and submit to electronic monitoring.
Taxes December 22, 2022
IRS Tax Refund Chart for 2023: “When Will I Get My Tax Refund?”
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on the information we have now, and using projections based on previous years.