If the partnership is a small partnership of 10 or fewer partners and we assessed a penalty for filing late or for failure to include required information, it may...
Ladies, Gentlemen, Businessmen, Business-women, Controllers, CFO’s, Owners and all others I have left out. If you didnt already know this, I wanted to share that The Governments money is running...
If you have filed an early tax return and had unemployement paid to you in 2020 read the IRS statement below: “The IRS is reviewing implementation plans for the...
Our tax software updates today (March 16th) for the unemployed exemption of $10,200 legislation that was recently passed. Luckily we live in Texas and donât have to worry about...
This is a must read… Right now, in the accounting world, the hottest topic is the 2nd approval of PPP money. I’m not sure if you have already applied...
Do you know if you have to file IRS Forms 720 or 2290 that deals with Excise Tax? Do you sale fuel or tobacco? Do you have heavy trucks...
The Internal Revenue Service is cautioning taxpayers to avoid the dangers of “ghost” tax return preparers. According to the IRS, a ghost preparer is paid to prepare a tax...
A North Carolina tax preparer engaged his staff to fraudulently inflate tax returns during the 2009-2017 tax years. $3.5 million was the total allegations proven in the tax fraud...
Disclaimer: This article will provide a broad overview of this act. Be sure to consult with legal experts to fully understand how this legislation affects your business. The Families First...
What Is an Offer in Compromise? With an offer in compromise, the IRS agrees to allow a taxpayer to pay off less than the full tax debt he or she owes....
