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 […]
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 […]
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 […]