July 10, 2025 We’re Ready: Let’s Navigate the New Tax Law Together! While many of us were busy firing up the grill, gathering with family and… BBB, General Business, IRS, Latest Blog, Legislation, New York State, OBBB, One Big Beautiful Bill, R&E, SALT, Small Business, Tax, Tax Planning, Tax Relief, Year End Planning
March 14, 2025 IRS Reports Threshold Updates for IRS Form 1099-K Form 1099-K, “Payment Card and Third-Party Network Transactions” is an information return that reports… 1099-K, Accounting, General Business, IRS, Small Business, Tax
March 14, 2025 Unclaimed IRS Recovery Rebates The Internal Revenue Service issued an announcement related to the 2021 Recovery Rebate Credit…. Affordable Care Act, COVID-19, IRS, Recovery Rebate Credit, Tax
March 14, 2025 Important Reminder – Avoiding Taxpayer Penalties As tax season gets underway, we want to remind taxpayers of ways to avoid… General Business, IRS, Small Business, Tax
September 9, 2024 IRS Announces Hurricane Debby Tax Relief for Affected States The IRS announced on August 9, 2024, that tax relief is available for individuals… Disaster Relief, General Business, IRS, Small Business, Tax Relief
July 25, 2024 SCOTUS: Life Insurance Proceeds Increase Corp.’s Estate Tax Value On June 6, 2024, The U.S. Supreme Court, in a unanimous decision, held that… Estate Planning, Financial Matters After the Death of a Loved One, Financial Planning, General Business, IRS, Retirement, SCOTUS, Small Business, Tax Planning, Trusts
May 31, 2024 Coming Increase in Internal Revenue Service (IRS) Audits The IRS Commissioner announced as part of its strategic plan, the intention to ramp… Audits, General Business, IRS, Small Business, Tax
March 7, 2024 When Would I Receive an IRS Form 1099-R? Form 1099-R is an IRS tax document that a retirement plan must distribute when… 1099-R, IRS, Retirement, Tax
December 27, 2023 Bots for IRS Customer Service? Yes, you read that right! This is exciting news for taxpayers and tax professionals… Automation, General Business, IRS, Tax, Technology
September 15, 2023 IRS Orders Immediate Moratorium on Processing New Employee Retention Credit (ERC) Claims On September 14, 2023, the Internal Revenue Service (“IRS”) announced an immediate moratorium on… COVID-19, Employee Retention Tax Credit, ERC, ERTC, General Business, IRS, News, Small Business, Tax Credits, Tax Relief