QuickBooks Tips For a Fresh Start In 2024
As the bustle of December fades, get a head start on your 2024 finances with these helpful QuickBooks tips for small business owners. Learn more.
Great News for Employers Who Received Questionable Employee Retention Credits
The IRS has introduced a New Voluntary Disclosure Program that allows employers who received questionable Employee Retention Credits (ERC) to pay them back at a discounted rate.
What You Need to Know About Third-Party Tax Authorizations
In the complex world of financial and legal matters, there are times when you may need to authorize a third party to represent you when dealing with the IRS. A third-party representation can be a valuable tool.
Mastering Financial Health: A Comprehensive Guide to Avoiding Common Accounting Mistakes in Small Businesses.
Unlock the secrets to financial success for your small business by steering clear of common tax and accounting pitfalls.
Decoding IRS Penalty Relief: A Comprehensive Guide to Recent Changes and Tips for Taxpayer Resilience.
Explore the latest IRS penalty relief measures, offering a lifeline to millions facing back taxes. Learn more.
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety of the allowable credit to an eligible (registered) dealer.
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety of the allowable credit to an eligible (registered) dealer.
Video Tips: Using Clean Vehicle Credit as a Down Payment Beginning in 2024
As of Jan. 1, 2024, in certain situations, taxpayers will be able to transfer the new and previously owned clean vehicle credits to the dealer to reduce the purchase price or go towards the down payment.
New Zealand’s U-Turn on Smoking Ban Sparks Backlash
In a surprise move, New Zealand has reversed its first-of-its-kind smoking ban, sparking backlash from public health officials. Learn more.
Does a Foreign Entity Need a U.S. Identification Number?
It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number (EIN).
What happens if my IRS tax payment is stolen?
To protect yourself from IRS tax payment check washing fraud, consider implementing the following safeguards.