CPA Never under estimate the value
The IRS issued guidance on the treatment of refunds of state or local taxes and certain other payments made by states made to individuals in 2023 and future years, including spillover payments made in 2023 under 2022 programs covered by IRS News Release IR-2023-23.
Source: Tax News
Read More here – Guidance issued on consequences of certain state payments after 2022
The IRS issued guidance on the treatment of refunds of state or local taxes and certain other payments made by states made to individuals in 2023 and future years, including spillover payments made in 2023 under 2022 programs covered by IRS News Release IR-2023-23.
Source: JOA News
Read More here – Guidance issued on consequences of certain state payments after 2022
The new e-filing requirement, beginning in 2024, applies to businesses mandated to e-file certain other information returns, such as Forms 1099 series and Forms W-2.
Source: Tax News
Read More here – Businesses must e-file Form 8300 for ,000+ cash payments in 2024
The new e-filing requirement, beginning in 2024, applies to businesses mandated to e-file certain other information returns, such as Forms 1099 series and Forms W-2.
Source: JOA News
Read More here – Businesses must e-file Form 8300 for ,000+ cash payments in 2024
An expert discusses the requirements to perform a root cause analysis as part of monitoring and remediation.
Source: JOA News
Read More here – Quality management standards: How to perform a root cause analysis
Finance executives in business and industry still have concerns, but optimism is on the rise and expectations of business contraction are far lower, according to the quarterly Business and Industry Economic Outlook Survey.
Source: JOA News
Read More here – Inflation no longer the top challenge for CPA decision-makers, survey shows
The IRS issued proposed regulations related to the increased tax credit or deduction amounts for clean energy facilities and projects if taxpayers satisfy certain prevailing wage and registered apprenticeship requirements.
Source: Tax News
Read More here – Prevailing wage and apprenticeship requirements guidance issued
The IRS issued proposed regulations related to the increased tax credit or deduction amounts for clean energy facilities and projects if taxpayers satisfy certain prevailing wage and registered apprenticeship requirements.
Source: JOA News
Read More here – Prevailing wage and apprenticeship requirements guidance issued
Employees who participate in a Sec. 401(k) or similar retirement plan and whose prior-year Social Security wages were over $145,000 have been given a two-year reprieve from the new requirement that any catch-up contributions they make to the plan must be designated as after-tax Roth IRA contributions.
Source: Tax News
Read More here – Two-year reprieve granted from Roth catch-up requirement
Employees who participate in a Sec. 401(k) or similar retirement plan and whose prior-year Social Security wages were over $145,000 have been given a two-year reprieve from the new requirement that any catch-up contributions they make to the plan must be designated as after-tax Roth IRA contributions.
Source: JOA News
Read More here – Two-year reprieve granted from Roth catch-up requirement
