IRS ramps up compliance enforcement against certain businesses
The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them.
Read MoreIRS issues final regulations on inherited IRAs
The IRS has issued final regulations regarding inherited IRAs and other defined contribution plans.
Read MoreFederal Tax News for Individuals
1. 529 Accounts are not Just for College 2. What Happens in Summer May Be Taxable 3. Don't Ignore the IRS 4. Beware Scams Promoted on Social Media 5. When You and the IRS Disagree…
Read MoreHow to Protect Your Business from Payroll Fraud Schemes
Any business that has employees could suffer payroll fraud and related schemes. Large or small, and regardless of industry, every business could become subject to this threat. The good news is, your organization can mitigate the risk by understanding the forms payroll fraud takes. This article explores common schemes and suggests ways to help detect or prevent them.
Read More7 Midyear Tax Planning Tips for Individuals
Between BBQs, fireworks and baseball games, you should take some time this summer to consider tax planning moves that could lower your tax obligations for 2024. Proactive midyear planning can help avoid a year-end scramble to implement tax saving strategies before December 31. When it comes to tax planning, procrastination can be a costly mistake.
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