The Treasury Department’s Green Book outlines proposals supported by the Biden Administration that would increase federal tax rates for corporations…
Details Emerge on Biden Administration Tax Blueprint
A detailed look at the Biden administration’s proposed tax measures.
IRS Identity Theft Procedures – Responding to Letter 6042C
One of the tools the IRS uses in its efforts to prevent tax-related identity theft and to confirm that a…
Businesses Should Prepare Now to Issue New IRS Form 1099-NEC
Businesses that would typically provide a Form 1099-MISC to independent contractors (and certain others) and the IRS need to be…
Charitable Giving Under the CARES ACT
On March 27, 2020, the CARES ACT (Coronavirus Aid, Relief and Economic Security) was enacted. The Act includes provisions to…
You’ve Got Mail: Responding to an IRS CP2000 Notice
Let’s face it, most individuals panic when a letter from the IRS arrives in the mail. Take a deep breathe, splash your face with cold water, and be prepared to respond within 30 days.
