by Anthony Martin, CPA | Dec 13, 2021 | Tax Tips and News
The Internal Revenue Service has updated its online information with the aim of helping individual taxpayers qualify for Economic Impact Payments (EIPs) if they didn’t already get one. The agency says it has updated its frequently asked questions (FAQs) on the 2020...
by Anthony Martin, CPA | Dec 10, 2021 | Tax Tips and News
Tax professionals have been in the crosshairs of cybercriminals for some time now, and it’s only getting worse. Now, the crooks are casting their nets, not only for client data, but to snare vital data of the tax pros themselves. The Internal Revenue Service says this...
by Anthony Martin, CPA | Dec 10, 2021 | Tax Tips and News
While most Americans have their eyes firmly on the Christmas holidays, many US retirees have another milestone to consider. While the holidays are the emotional favorite, they shouldn’t let the deadline slip by to make Required Minimum Distributions (RMDs) from their...
by Anthony Martin, CPA | Dec 8, 2021 | Tax Tips and News
New guidance is available for employers on the retroactive termination of the Employee Retention Credit. The new information is contained in Notice 2021-65. The reversal comes after passage of the Infrastructure Investment and Jobs Act on Nov. 15 of this year. The new...
by Anthony Martin, CPA | Dec 7, 2021 | Tax Tips and News
Cyber Monday traditionally closes out the busiest holiday shopping weekend of the year, which sees Americans swarming stores and crawling websites for post-Thanksgiving sales. Despite predictions of fewer in-person shoppers and eye-popping deals, there’s no doubt that...
