Taxes February 13, 2023
The IRS has determined that in the interest of sound tax administration and other factors, taxpayers in many states will not need to report these payments on their 2022 tax returns.
Taxes February 10, 2023
The IRS is trying to decide whether aid payments to taxpayers in more than a dozen states should be taxable.
Taxes February 8, 2023
The issue comes with stimulus payments paid by some states in the last year, which has led to tax questions.
Taxes February 8, 2023
The 61 recommendations in the compendium include proposals related to employee benefits, individual income tax, international tax and tax administration, among others.
Payroll February 8, 2023
Pleaded guilty to filing a Form 941 for the first quarter of 2016, but not paying over approximately $31,010 in taxes withheld from employees’ paychecks.
Taxes February 6, 2023
The agency previously said it was working on guidance for 19 states that provided refunds of some form in 2022.
Small Business February 6, 2023
On Friday, [Feb. 5, 2023] the Missouri Department of Health and Senior Services issued licenses to 207 dispensaries across the state to legally sell cannabis to anyone over the age of 21.
Taxes February 6, 2023
The change made Friday is likely to be the difference between thousands of dollars in consumer discounts.
Taxes February 3, 2023
Certain tax credits for children and dependents have been reduced, and the charitable deduction some taxpayers took advantage of during the pandemic years is no longer so easy to claim.
Taxes February 3, 2023
With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.
Payroll February 3, 2023
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.
Taxes February 2, 2023
The president also would veto bill by House Republicans to replace current tax system with a flat consumer tax.