Taxes December 27, 2022
IRS and Treasury Release Guidance on Corporate Stock Repurchase Excise Tax
Notice 2023-2 provides interim guidance regarding this tax provision in the Inflation Reduction Act.
Taxes December 27, 2022
IRS, Treasury Issue Interim Guidance for New Corporate Alternative Minimum Tax
The corporate alternative minimum tax was created by the Inflation Reduction Act enacted last summer.
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.
Payroll December 27, 2022
Payroll-Related Issues Top List of Business Concerns in 2023
A list of the most prominent compliance-related topics employers will face in 2023.
Taxes December 27, 2022
IRS, Treasury Lay Out Transitional Guidance for Broker Reporting on Digital Assets
The Infrastructure Investment and Jobs Act amended the tax code to expand reporting rules on digital assets by brokers.
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.
Firm Management December 27, 2022
Managing Firm Morale to Win the Coming Busy Season
While stress is difficult to avoid during this hectic time, practice leaders can mitigate the impact of stress on employees through rewarding employees who ...
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.
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.
Payroll December 21, 2022
California Minimum Wage to Rise to $15.50 Per Hour
That represents an increase of 50 cents-an-hour for businesses with 26 or more employees, and $1.50 an hour for those with 25 or fewer.