CPA Never under estimate the value
AICPA and Treasury advocate for congressional action to help thwart the unscrupulous promotors that use the employee retention credit to make money by taking advantage of small businesses.
Source: Tax News
Read More here – ERC abuse brings renewed push for regulation of paid tax preparers
AICPA and Treasury advocate for congressional action to help thwart the unscrupulous promotors that use the employee retention credit to make money by taking advantage of small businesses.
Source: JOA News
Read More here – ERC abuse brings renewed push for regulation of paid tax preparers
IRS Commissioner Danny Werfel says new unit is “another part of [the IRS’s] effort to ensure the IRS holds the nation’s wealthiest filers accountable to pay the full amount of what they owe.”
Source: Tax News
Read More here – IRS to set up new work unit to focus on complex passthrough entities
IRS Commissioner Danny Werfel says new unit is “another part of [the IRS’s] effort to ensure the IRS holds the nation’s wealthiest filers accountable to pay the full amount of what they owe.”
Source: JOA News
Read More here – IRS to set up new work unit to focus on complex passthrough entities
For accountants, especially those in the tax and personal financial planning worlds, the passing of Sidney Kess at age 97 is “like losing a parent to the profession,” writes Andrea Millar, CPA/PFS, who shares her memories of a legend who educated countless CPAs and helped her grow the AICPA Personal Financial Planning section.
Source: JOA News
Read More here – Sidney Kess, a personal remembrance
A new guide posted by the Financial Crimes Enforcement Network describes BOI rules, answers questions, and provides tools to assist with compliance with the BOI reporting rules.
Source: Tax News
Read More here – FinCEN posts guide to help small businesses with BOI reporting
A new guide posted by the Financial Crimes Enforcement Network describes BOI rules, answers questions, and provides tools to assist with compliance with the BOI reporting rules.
Source: JOA News
Read More here – FinCEN posts guide to help small businesses with BOI reporting
Attorneys and a former IRS commissioner say the employment retention credit started as a benefit for small business in the pandemic but has morphed into one that allows ERC mills to take advantage of taxpayers.
Source: Tax News
Read More here – ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
‘Tsunami’ of claims filed for employee retention credit almost 2 years after it ended caught the attention of the IRS. Experts say that required the IRS to take action to halt fraud.
Source: JOA News
Read More here – ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
Kess, who died at age 97, was “a friend to everybody” – and a strong proponent of sharing knowledge with others.
Source: Tax News
Read More here – Remembering the mentorship and impact of Sidney Kess
