The home office deduction offers a valuable tax break for the self-employed, freelancers, and independent contractors. Learn about the deduction and how it may reduce your tax liability....
Tax season is that time of the year that sneaks up on us before we know it. With the year flying by, it's essential to mark your calendars for the...
(authored by RSM US LLP) This roundup of developments in the tax accounting methods and periods realm covers rulings and advice regarding cost recovery and losses....
(authored by RSM US LLP) IRS guidance addresses full or partial suspensions of operations due to supply chain disruption for ERTC and erroneous ERTC refunds....
(authored by RSM US LLP) Notice 2023-54 provides transition relief and guidance relating to certain required minimum distributions based on SECURE 2.0 changes....
It's important to stay vigilant this summer as there have been reports of tax scams circulating. Scammers are using email and text messages to trick people into believing they are...
Authored by the IRS Where’s My Refund? Information regarding the status of your tax refund is available through the Where's My Refund tool, which displays personalized refund dates once your return...
The Internal Revenue Service is urging taxpayers to remain vigilant and cautious of tax scams year around, not just during tax season. Fraudsters are repeatedly looking for ways to steal...