Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting...
Ever wondered about the consequences of neglecting your tax filings? Contrary to Hollywood portrayals, it’s not necessarily a direct route to a prison cell, but the repercussions can be significant, depending on your tax situation. The IRS places immense...
Hurricane Ian has come and gone, but the devastation that was left behind has impacted residents and businesses in many ways. In its aftermath, many businesses will face challenging decisions, especially in responding to a loss event. On September 29, the Internal...
Penalty Relief for Certain Taxpayers Filing Returns for Taxable Years 2019 and 2020 On August 24, 2022, the IRS announced it will grant automatic penalty relief for late-file penalties imposed on certain tax returns that were required to be filed for the 2019 and 2020...
The Biden administration’s fiscal year 2023 budget blueprint, released on March 28, consists of a mix of familiar proposals and brand-new initiatives that reflect the President’s policy objectives. The proposals are described in more detail in the General Explanations...
While all signs point to the fact that, given the current makeup of the House and Senate, the Build Back Better bill on the table last fall is essentially lifeless, some of the policies contained in the bill may be back in play in 2022. A possible alternative path for...
