ACTION REQUIRED! We strongly recommend all individual taxpayers apply for an IRS issued Identity Protection Personal Identification Number (IP PIN). This is an extra step to help prevent tax fraud....
(authored by RSM US LLP) After intense negotiations, some provisions were eliminated while others were rewritten in an effort to appease all Democratic members....
(authored by RSM US LLP) IRS adds 12 new 2022 vehicles eligible for tax credit of up to $7,500, including vehicles manufactured by Hyundai, Kia, Mitsubishi and Ford....
Year-end tax planning may help you save taxes, regardless of what happens in Congress Many popular tax-planning strategies are in question as Congress debates how to pay for their $3.5 trillion...
(authored by RSM US LLP) House Ways and Means issues its discussion draft amendment with revenue items to offset $3.5 trillion spending package....
Authored by the IRS: IR-2021-171, August 20, 2021 The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update...
(authored by RSM US LLP) A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article....
Authored by Haynie & Company Partner Bernard Abercrombie, CPA DO YOU NEED A TRUST? Every year we receive questions from clients about whether they should set up one or more trusts. The...