IRS offers a withdrawal option to businesses that claimed ERTCs
The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.
Read MoreIRS suspends processing of ERTC claims
With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end.
Read MoreYear-end spending package tackles retirement planning, conservation easements
Tucked into the Consolidated Appropriations Act of 2023 is a package of enhanced retirement benefits, otherwise known as the SECURE 2.0 Act. Here are some of the provisions.
Read MoreIRS offers penalty relief for 2019, 2020 tax years
The IRS is providing broad-based penalty relief to most taxpayers who filed certain 2019 and/or 2020 tax returns late due to the COVID-19 pandemic. Find out if you might qualify.
Read More5 ways to upskill your workforce
The past few years has seen a general “skills gap” in the manufacturing sector. One answer to this ever-increasing issue is to take steps to “upskill” your workforce.
Read MoreNew tax reporting requirements for payment apps could affect you
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax reporting requirements that take effect for 2022. They don’t alter your tax liability, but they […]
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