Don’t forget to factor 2023 cost-of-living adjustments into your year-end tax planning.
Inflation Reduction Act provisions of interest to small businesses
The new Inflation Reduction Act provides small businesses with an incentive to increase their investments in research.
IRS Reaches Milestone on Paper Return Backlog
IRS reaches internal milestone for 2020 individual tax return backlog. National Taxpayer Advocate’s report shows that milestone may not be a significant accomplishment considering remaining paper return backlog and additional processing delays.
2022 Q2 tax calendar: Key deadlines for businesses and other employers
Does this year’s April 18 filing deadline apply to your company? What additional tax deadlines are there for businesses and employers during the second quarter of 2022?
8 Important tax aspects of operating your business as a sole proprietor
Many small businesses operate as sole proprietorships. Here are eight tax issues involved in operating as this entity.
AICPA Releases Response to IRS Website Post Regarding Taxpayer Automated Notices
Have you been receiving excess automated notices from the IRS? Here is what the IRS is doing to mitigate these notices and what the AICPA is recommending for improvements.