Monthly Archives: March 2023

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ERC claims on returns prepared by others raise questions for tax pros

Category:Uncategorized

The IRS Office of Professional Responsibility issued a bulletin that reviews the Circular 230 professional responsibilities that apply to claims for the employee retention credit.
Source: Tax News
Read More here – ERC claims on returns prepared by others raise questions for tax pros


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ERC claims on returns prepared by others raise questions for tax pros

Category:Uncategorized

The IRS Office of Professional Responsibility issued a bulletin that reviews the Circular 230 professional responsibilities that apply to claims for the employee retention credit.
Source: JOA News
Read More here – ERC claims on returns prepared by others raise questions for tax pros


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Questions about software tracking and reporting for basis of digital assets

Category:Uncategorized

Tax practitioners have many questions about how to track and report the basis of digital assets, and no clear guidance exists. Here are tips from the AICPA Virtual Currency and Digital Assets Tax Task Force.
Source: Tax News
Read More here – Questions about software tracking and reporting for basis of digital assets


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Questions about software tracking and reporting for basis of digital assets

Category:Uncategorized

Tax practitioners have many questions about how to track and report the basis of digital assets, and no clear guidance exists. Here are tips from the AICPA Virtual Currency and Digital Assets Tax Task Force.
Source: JOA News
Read More here – Questions about software tracking and reporting for basis of digital assets


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Economic optimism still low but improving; concerns about inflation remain

Category:Uncategorized

After hitting a historic low at the end of 2022, the outlook for the U.S. economy rebounded somewhat in February 2023, but inflation remains a concern, according to the first-quarter Business and Industry Economic Outlook Survey released by AICPA & CIMA.
Source: JOA News
Read More here – Economic optimism still low but improving; concerns about inflation remain


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How to effectively onboard remote hires

Category:Uncategorized

Human resource experts and accounting firms offer ways to help remote hires connect with their team and their new employer’s culture.
Source: JOA News
Read More here – How to effectively onboard remote hires


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Senate approves Danny Werfel as IRS commissioner

Category:Uncategorized

The Senate voted 54–42 on Thursday to approve Werfel, a former acting IRS commissioner who has served under both Democratic and Republican administrations.
Source: Tax News
Read More here – Senate approves Danny Werfel as IRS commissioner


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Senate approves Danny Werfel as IRS commissioner

Category:Uncategorized

The Senate voted 54–42 on Thursday to approve Werfel, a former acting IRS commissioner who has served under both Democratic and Republican administrations.
Source: JOA News
Read More here – Senate approves Danny Werfel as IRS commissioner


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Digital scanning of tax documents to expand, will add Form 1040 soon

Category:Uncategorized

The IRS announced that it will soon be able to scan paper Forms 1040 and 941 instead of inputting them by hand. The acting commissioner describes the expansion as “another milestone” in the agency’s transformation.
Source: Tax News
Read More here – Digital scanning of tax documents to expand, will add Form 1040 soon


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Digital scanning of tax documents to expand, will add Form 1040 soon

Category:Uncategorized

The IRS announced that it will soon be able to scan paper Forms 1040 and 941 instead of inputting them by hand. The acting commissioner describes the expansion as “another milestone” in the agency’s transformation.
Source: JOA News
Read More here – Digital scanning of tax documents to expand, will add Form 1040 soon