Keep up with the latest news in the world of accounting and finance.
If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, […]
If you own a vacation home, you may want to rent it out for part of the year. The tax […]
If you’re receiving advance Child Tax Credit (CTC) payments from the IRS, this fast-approaching deadline may affect you. For those […]
If you’ve received an advance Child Tax Credit (CTC) payment that you don’t qualify for, the IRS says you should […]
On its website, the IRS is providing information on the effects of advance Child Tax Credit (CTC) payments on other […]
The advance child tax credit (CTC) payments begin July 15 and recipients still have the chance to opt out even […]
The IRS has issued guidance that updates its Employee Plans Compliance Resolution System (EPCRS). The EPCRS permits retirement plan sponsors […]
Direct deposit refunds began rolling out on July 14 to millions of taxpayers who overpaid taxes on their 2020 unemployment […]
The IRS is providing more information about the advance payments of the Child Tax Credit (CTC) that will begin being […]
In a “COVID Tax Tip,” the IRS provides advice on making payments of deferred employer Social Security taxes reported by […]
Are you eligible to take the deduction for qualified business income (QBI)? This valuable tax break is also referred to […]
If you’re planning your estate, or you’ve inherited assets, you may not know the “basis” for tax purposes. Under the […]