What is BOI Reporting? You are required to file identifying information about the individuals who directly or indirectly own or control...

IRS Tax Refund Calendar outlines key dates for tax return processing. Electronic filers can anticipate receiving their refunds within 21...

1099 NEC deadline: January 31, 2024 If your business hired a contractor and paid them $600 or over in the last year, you are responsible...

I am happy to announce that we are now IRS Certified Acceptance Agents. That means we can certify the original documents such as foreign...

Another temporary provision in the Act, applicable only to the 2021 taxable year, increases the credit for dependent care assistance...

The IRS will send these letters to taxpayers in January 2022. You should have it by the end of January 2022. OR You can go to the...

Organized tax records make preparing a complete and accurate tax return easier. It helps you avoid errors that lead to processing delays...

According to the IRS latest release, the IRS said that its employees continue to work hard on critical areas affected by the pandemic,...

The Internal Revenue Service announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will...

What is the Gig Economy? The gig economy—also called sharing economy or access economy—is activity where people earn income providing...

During Small Business Week, September 22-24, the Internal Revenue Service wants individuals to consider taking the home office deduction...

Millions of Americans received unemployment compensation in 2020, many of them for the first time. This compensation is taxable and must...