Tax Extensions: Busting Common Myths and What You Need to Know
Authored by Alexander Zacher Now that the busy tax season is a few weeks behind us, we may have filed an extension on your tax return for many of you—for good...
05 May, 2025
taxpayers Tag
Key IRS Update: New 1099-K Thresholds Set Through 2026
Significant changes to the IRS's 1099-K reporting thresholds are on the horizon, affecting anyone who uses payment apps or online marketplaces. Starting in 2024, more of your transactions could be...
04 December, 2024
Understanding the Implications of TCJA Income Tax Provisions Set to Expire
(authored by RSM US LLP) Evaluate your individual income tax plan for effects of TCJA provisions expiring in 2026....
28 August, 2024
Understanding the Timeframe for IRS Audits
Ever wondered how long you could be subject to an IRS audit? Our latest article breaks down the complexities of IRS audit timeframes....
25 July, 2024
IRS announces new initiative aimed at high-income non-filers
(authored by RSM US LLP) IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing....
07 March, 2024
Understanding the SALT Deduction and PTE Tax Elections
The SALT deduction has been a longstanding benefit for taxpayers who pay state and local taxes. However, recent limitations to the SALT deduction have left taxpayers in high-tax states looking...
09 March, 2023