President Biden Introduces the American Jobs Plan
One week ago, President Biden outlined a massive $2 trillion infrastructure proposal to address some of the issues that his administration consider to be the…
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Apr 07, 2021
News
Tag: IRS
Nov 19, 2020
IRS Releases Guidance Regarding Deductibility of PPP Loan-Related Expenses
When the Paycheck Protection Program (PPP) was introduced as part of the CARES Act in March, the law provided that any loan forgiveness would not…
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Apr 14, 2020
Good News for PPP Loan Recipients Regarding Deferral of Payroll Taxes
The IRS released FAQs on Sec 2302 of the CARES Act, Delay of Payment of Employer Payroll Taxes. This provision generally provides that employers may…
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Apr 10, 2020
IRS Issues Additional Relief Measures
Late Thursday afternoon (April 9), the IRS issued News Release 2020-66, in which they announced that Notice 2020-23 extends additional key tax deadlines for individuals…
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Apr 09, 2020
IRS & ADOR Operations – Beyond the Postponement of Payments and Filing until July 15
Much attention has already been given to the postponement from April 15 to July 15 of certain payments of tax and filings. The Internal Revenue Service (IRS)…
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Dec 16, 2019
Tax Updates for 2020
As we approach the holiday season, it looks like enough of us have made the Nice List for the IRS to leave us some small…
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Apr 17, 2019
Initial Opportunity Zones Takeaways from the IRS’ Most Recent Release
Read these quick facts about the IRS’ additional guidance relating to investments in Opportunity Zones.
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Feb 20, 2018
Dangerous W-2 Phishing Scam Evolving
The IRS and state tax agencies have issued an urgent alert to all employers regarding a Form W-2 phishing scam. This scam is particularly…
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Jul 15, 2016
The New IRS Partnership Audit Rules – Significant Changes on the Horizon Require Attention
Written by Steven N. Smith, CPA, JD The Bipartisan Budget Act of 2015, enacted on November 2, 2015, includes significant changes in IRS rules…
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