President Biden Signs Infrastructure Bill
The bipartisan infrastructure bill passed the House of Representatives in a late night vote on November 5 by a 228-206 […]
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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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IRS Highlights Deductions for Cash Donations by Non-Itemizers
The IRS highlighted how expanded tax benefits help both individuals and businesses give to charity before the end of this […]
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COBRA Extension Guidance Clarified
The IRS issued a notice clarifying the application of certain extensions granted under the Consolidated Omnibus Budget Reconciliation Act of […]
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Areas Eligible for Extension of Replacement Period for Livestock Sold Because of Drought
The IRS identified drought-stricken areas where tax relief is available to taxpayers that sold or exchanged livestock because of drought. […]
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Ex-Spouse Health Insurance Premiums Deductible as Alimony
An individual was allowed to deduct the amount of premiums paid to provide health insurance coverage for his ex-spouse as […]
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IRS Highlights Tax Withholding Estimator
The IRS has reminded taxpayers that the last quarter of 2021 is a good time to check withholding. The IRS’s […]
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