Keep up with the latest news in the world of accounting and finance.
With control of both the Senate and the House of Representatives at stake in November’s midterm election, the fate of […]
It may not be too late to lower your 2021 tax bill. You may still be able to contribute to […]
Employers who are expecting advance payments of the Employee Retention Credit (ERC) should expect delays, the IRS recently warned. The […]
The IRS is mailing letters to taxpayers who received monthly advance Child Tax Credit (CTC) payments in 2021. The letters […]
The IRS has issued a reminder about checking your 2021 tax liability to avoid being subject to estimated tax penalties, […]
Here are a few key tax-related deadlines for businesses during Q1 of 2022. JAN. 17: Pay the final installment of […]
Before the new year, the IRS reminds businesses of changes that may affect their taxes. Here’s a quick look at […]
Taxpayers who qualify for advance Child Tax Credit (CTC) payments for 2021 should’ve received the final 2021 payment on or […]
Testifying before a Senate committee, U.S. Treasury Sec. Janet Yellen said the expansion of the Child Tax Credit (CTC) was […]
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law […]
The IRS has issued guidance on the timing of tax-exempt income arising from forgiven PPP loans. Three Revenue Procedures advise […]
The U.S. House of Representatives approved the Build Back Better Act on Nov. 19 by a vote of 220 to […]