by Small Business Accounting & Tax LLC | Apr 28, 2022 | Tax Tips and News
The Internal Revenue Service says the 2022 Nationwide Tax Forum will kick off July 19, with the classes and online festivities going for more than five weeks. Live-streamed seminars will be offered every Tuesday, Wednesday and Thursday. What’s the backstory for...
by Small Business Accounting & Tax LLC | Apr 24, 2022 | Tax Tips and News
Now that the filing season for personal income tax returns has closed, tax professionals everywhere can take a much-deserved breather. Right? Not so fast. Another filing deadline lurks just around the corner, albeit not as wide-ranging as the one just past. Many...
by Small Business Accounting & Tax LLC | Apr 20, 2022 | Tax Tips and News
The Internal Revenue Service is giving some filers a firm but friendly tap on the shoulder, letting them know some of the forms they’ve filed don’t match up with the agency’s records. Financial institutions, businesses or even regular individual taxpayers could see a...
by Small Business Accounting & Tax LLC | Apr 17, 2022 | Tax Tips and News
The Internal Revenue Service is continuing in its effort to give taxpayers the very latest information right up to the end of tax season, by updating its frequently asked questions (FAQs) for the 2021 Rebate Recovery Credit a second time this year. The updated...
by Small Business Accounting & Tax LLC | Apr 16, 2022 | Tax Tips and News
The Internal Revenue Service wants taxpayers to know it has revised some of the frequently asked questions (FAQs) surrounding the Recovery Rebate Credit for a second time. The newly updated information is contained in Topic E of Fact Sheet 2022-26, and covers...