Key Updates to Form 1099-K
After a few years of delays, the reporting threshold for third party settlement organizations (TPSOs) reported on a Form 1099-K has officially dropped
IRS Extends Tax Deadline to January 10, 2025, Following National Day of Mourning
The IRS has announced a one-day extension for taxpayers with federal tax deadlines originally set for Thursday, January 9, 2025. The new deadline is F
Reminder: Make Estimated Tax Payments by Jan. 15 to Avoid Penalties
If you underpaid taxes in 2024, consider making a fourth-quarter estimated tax payment by Jan. 15, 2025, to avoid penalties. The U.S. tax system requi
IRS Extends Tax Relief for Southern California Wildfire Victims
IRS Extends Tax Relief for Southern California Wildfire Victims
The IRS has announced significant tax relief measures for individuals and businesses a
Mid-Year Business Tax Review: Maximizing Tax Efficiency
Perform a mid year tax review of your business activities including tax liabilities to optimize savings and spending for the next tax season.
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IRS Disaster Relief
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the Internal Revenue