IRS Prepares Taxpayers for Upcoming Filing Season
The IRS has encouraged taxpayers to take important actions this month to help them file their tax returns in 2022, […]
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IRS Releases 2022 Inflation-Adjusted Tax Tables, Standard Deduction, AMT and Other Amounts
The IRS has released the annual inflation adjustments for 2022 for the income tax rate tables, plus more than 56 […]
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2022 Inflation Adjustments for Pension Plans, Retirement Accounts Released
The 2022 cost-of-living adjustments (COLAs) that affect pension plan dollar limitations and other retirement-related provisions have been released by the […]
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PPP Tax-exempt Income Timing and Basis Adjustment Guidance Issued
The IRS has released additional Paycheck Protection Program (PPP) loan forgiveness guidance. The guidance addresses (1) timing issues; (2) partner […]
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Guidance on Applying Per Diem Rules to Fully Deductible Restaurant Meals
The IRS issued guidance related to the application of the per diem rules under Rev. Proc. 2019-48 to the temporary 100-percent deduction […]
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Guidance Released for Tax Treatment and Reporting Requirements for HAF Payments
The IRS has released guidance which addresses the federal income tax treatment and information reporting requirements for payments made to […]
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Simple Steps to Assist Taxpayers Make 2022 Tax Filing Easier
The IRS has urged taxpayers, including ones who received stimulus payments or advance Child Tax Credit payments, to follow some […]
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G20 Endorses Global Corporate Minimum Tax Rate of 15-Percent
All members of the G20 on October 30 endorsed a global corporate minimum tax rate of 15 percent in an […]
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