Taxes
AICPA Releases Statement on IRS Announcement Concerning ERC Mills
The AICPA has provided resources and information to its members to warn their clients of red flags that could indicate that a vendor is dishonest and discourage ...
Georgia Taxpayers in 28 Counties Get Extension Due to Hurricane Idalia
Affected individuals and businesses will have until Feb. 15, 2024, to file returns and pay any taxes that were originally due during this period.
Financial Preparedness Guide Available from AICPA & CIMA
The guide offers tips to help safeguard loved ones, health, property, and crucial records.
Avalara AvaTax for SAP Solutions Are Now SAP Endorsed Apps Available on SAP Store
SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmarks results.
More People Are Paying the Net Investment Income Surtax These Days
The number of returns reporting the surtax has more than doubled and revenue from the tax has grown by $38 billion over the past decade.
IRS Appeals 2022 Ruling in $11.5 Million Tax Dispute with Mayo Clinic
The question at the heart of the case is whether Mayo Clinic should be considered an educational institution for tax purposes.
Kansas Business Owner Pleads Guilty to $2.2 Million Employment Tax Scheme
A Kansas woman pleaded guilty on Sept 1, 2023, to willfully failing to account for and pay over employment taxes to the IRS.
How to Get a Tax Break for Temporary Work Assignments
The IRS often views business travel expense deductions with a healthy dose of skepticism. Consult with your professional tax advisor to ensure you’re on firm ground.