Taxes

The agency said it recently recovered $122 million from 100 wealthy earners, in addition to $38 million collected earlier this year.

Keep this tax break in your hip pocket as the year winds down.

A Nevada CPA pleaded guilty in early October to aiding and assisting the filing of false tax returns for his role in a purported investment scheme to sell false tax deductions.

Having outsourced professionals act as business management sherpas frees business owners and managers from tedious tasks and greatly reduces errors that can prove costly.

The fee to renew or obtain a PTIN for 2024 is $19.75, down from $30.75 in 2023. Failure to have a valid PTIN may result in penalties.

New innovation leveraging AI will streamline the source document gathering process and make features such as automatically generated Document Request Lists (DRL), automatic identification and labeling of client uploaded documents, and dynamic custom questionnaires available and easy to use.

Are you ready for the upcoming tax season? From updates to the Inflation Reduction Act to expanded e-filing requirements for businesses, our speakers will help you be informed and ready for the new year. 

An employer in danger of being assessed back taxes for certain workers may avoid liability if it qualifies for “Section 530 relief.”