January 2024 Individual Due Dates
January 2 - Time to Call For Your Tax AppointmentJanuary is the beginning of tax season. If you have not made an appointment to have
IRS Disallowing 20,000 Employee Retention Credit (ERC) Claims
In its ongoing effort to combat questionable Employee Retention Credit (ERC) claims, the IRS has sent more than 20,000 letters advising taxpayers that the agency
It’s Here – Business Beneficial Ownership Reporting
In the ever-evolving landscape of business regulations, the Corporate Transparency Act (CTA), passed as part of the National Defense Authorization Act for Fiscal Year 2021,
1099-K Reporting Threshold Last minute Change
Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the Internal Revenue Service has announced a delay of the new $600
Breaking: IRS Restarts Collection Notices But Adds Penalty Relief
In a significant development to assist individuals, businesses, and tax-exempt organizations grappling with back taxes, the Internal Revenue Service (IRS) has introduced new penalty relief
Clean Vehicle Credit Can Be Transferred to Dealer to Offset Purchase Price
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety of the
Sansiveri Kimball Expands Outsourced Accounting Services with Acquisition of Controlled Solutions
Sansiveri, Kimball & Co., LLP, a leading Rhode Island-based accounting and business advisory firm, is pleased to announce its acquisition of Controlled Solutions, Inc., a
Massachusetts Recent Tax Updates Affecting Individual Filers
Massachusetts Millionaires’ Tax In November of 2022 Massachusetts voters approved referendum Question 1 to amend the Massachusetts Constitution to impose an additional 4% surcharge on
Sansiveri Named Second Nationally Among Accounting Today’s “Best Accounting Firms to Work for”
Providence-based accounting firm Sansiveri, Kimball & Co. LLP is very excited to announce that the firm ranked second nationally in the Midsized Employer Category of
Sansiveri, Kimball & Co. LLP Named as 2023 Best Places to Work in Rhode Island
The regional accounting firm of Sansiveri, Kimball & Co. LLP (Sansiveri) was recently named as one of the 2023 Best Places to Work in Rhode
IRS Announces Record High Bumps to HSA Contribution Limits
If you’ve been thinking about ways to save on medical expenses, now may be the perfect time to open a Health Savings Account (HSA). Thanks
Planning Considerations for the Massachusetts Millionaires Tax
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