Congress passed the original Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019. The House of Representatives passed a bill that builds on that law’s improvements, the...
A new year is right around the corner, and now is the time for taxpayers to look at their 2022 tax position. Each tax year is different, and there are some key considerations for 2022 taxes.
The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. The provisions included in this law address a wide range of financial efforts targeted at reducing the deficit while...
Regulatory and tax compliance can be a real burden for dealerships, having to handle multiple monthly filings throughout the year. While taxpayers cannot avoid such compliance responsibilities, the...
The IRS recently released its annual list of the “worst of the worst” tax scams currently affecting U.S. taxpayers, which it calls the “Dirty Dozen.” The agency monitors tax scams throughout the...
With the winter season behind us and warmer weather ahead, spring cleaning is rapidly approaching. One item that taxpayers consider purging are old tax records. A quick search online usually reveals...
CICPAC, the Construction Industry CPAs and Consultants group, always hosts one of the most valuable and interesting conferences to come down the pike for construction accountants. The following...
If you received either an advance payment of the child tax credit or an economic impact payment (commonly referred to as a “stimulus check” or “recovery rebate”) during 2021, you should receive a...
One of the temporary changes created with the pandemic related legislation during 2020 was an increase to the deductible limits for cash contributions to qualifying public charities and limited types...
