10 Year-End Tax Planning Tips: Essential Steps for Business Owners
Businesses Face New Compliance Challenge with DOL Updated Contractor Guidelines
The U.S. Department of Labor just rolled out a new six-factor test to distinguish between employees and independent contractors. What you need to know.
New ERC Voluntary Disclosure Program with Discounted Rates
IRS: New Voluntary Disclosure Program lets employers who received questionable Employee Retention Credits pay them back at a discounted rate.
Maximize Your Philanthropy: IRA Owners Can Gift up to $100K Tax-Free to Charities
The Internal Revenue Service today reminded individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each year.
Withdrawal Process for Employee Retention Credit Claims
To take advantage of the claim withdrawal procedure, taxpayers should carefully follow these special instructions.
Beware of Fake Charities - Check Before Donating
The IRS warns taxpayers to be wary of criminals soliciting donations. Here are some tips to protect against fake charity scams.