IRS Warns of Improper Art Donation Deduction Promotions
The IRS warns taxpayers to watch for promotions involving exaggerated art donation deductions that can target high-income filers and offers special tips for people to use to avoid getting caught in a scheme.
Special Pass-Through Organization Established
In Sept., the Internal Revenue Service announced plans today to establish a special area to focus on large or complex pass-through entities.
Navigating Employee Retention Tax Credit Audits
An Employee Retention Tax Credits (ERTC) audit is a meticulous review conducted by the IRS. By acting proactively, you can mitigate the risks and ensure that your business is well-positioned to validate its claim.
IRS Pauses New Employee Retention Credit Claims—What You Need to Know
Navigate the complexities of the Employee Retention Credit and ensure you're staying on the right side of the law with this 9-point checklist.
Taxing Remote Work: How the Convenience Rule Affects You
Explore the Convenience Rule's impact on WFH tax deductions. Understand if your remote work benefits the employer or you, and navigate tax implications.
Boost Your Business’s Bottom Line: Tax Saving Strategies for Business Owners
Maximizing tax deductions and implementing effective tax saving strategies can significantly impact your company’s bottom line. Here are eight strategies.