90 Day Federal Income Tax Delay
CPAdirectory | March 28, 2020The White House has announced that all tax filers, businesses and individuals alike, will be given an additional 90 days to file and pay their......
Read More...I-T dept extends deadline for filing TDS exemption forms amid lockdown
Nitin MittalThe Income Tax Department has allowed individuals to submit Form 15G and 15H for the current fiscal after June 30 for claiming exemption from TDS......
Read More...What Are Group Life Plans?
Business Planning Group | May 18, 2020Group life plans provide insurance solutions that also have unmatched tax advantages and investment security for both employers and employees. There are multiple parts to a complete......
Read More...Confidence for a Dynamic Future: What’s Next?
Thomson Reuters | June 02, 2020The COVID-19 pandemic has brought major disruptions to nearly every aspect of life, with further impacts yet to be felt. For tax and accounting firms,......
Read More...IRS Requires Disclosure of Cryptocurrency Transactions on Taxes
TokenTax | June 11, 2020The IRS is increasing crypto reporting requirements and scrutiny. In mid-2019, the Internal Revenue Service (IRS) sent crypto tax letters to potential Bitcoin and other cryptocurrency......
Read More...Effectively Implement Tax Planning Strategies With Clients
Thomson Reuters | October 01, 2020Each year, we grind away for hours recording the tax impact of our clients’ prior-year activities. How many times have we wanted to say, “Why......
Read More...Your Social Security Income May Be Taxed If You Live In One Of These 13 States
Registered Social Security Analysts (RSSA) | October 15, 2020Did you know that your Social Security income may be subject to state taxation in addition to federal taxation? Wait…hold on. I didn't even know......
Read More...Tips for tax planning for small businesses
Thomson Reuters | November 04, 2020For the second year in a row, taxpayers face massive uncertainty. The COVID-19 emergency presents unique challenges and opportunities and has likely landed your clients......
Read More...Amended return opportunities – should you take a second look?
Thomson Reuters | November 04, 2020Retroactive tax relief enacted by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, 3/17/2020) means taking a second look at returns that were......
Read More...The 10 Most Overlooked Tax Deductions
GEICO | March 16, 2022Don’t overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more......
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