IRS Updates Tax Reporting Extension for California Wildfire Victims The wildfires sweeping through California, especially in Los Angeles County, have left a trail of unimaginable loss and disruption, deeply Read More »
IRS Updates Understanding the IRS Publication 6961: 2024 CY Update The IRS has released its latest update to Publication 6961 is revised annually to update detailed calendar year projections of Read More »
1099-DA IRS Releases Latest Version of 1099-DA Draft for Digital Asset Reporting On August 9, 2024, the Internal Revenue Service (IRS) introduced a new version of the proposed form 1099-DA draft. There Read More »
IRS Updates Reasons Why You Should Avoid Misclassifying Workers. Misclassifying workers can spell disaster for your business—costly fines, legal battles, and operational headaches. Getting worker classification right is crucial Read More »
IRS Updates Final IRS E-Filing Regulations That Your Business Needs to Know The IRS has updated its filing procedures, implementing new regulations that mandate electronic filing for various returns. Under the Taxpayer Read More »
IRS Updates: IRS Lowered e-Filing Threshold From 250 To 10 – What Businesses Need to Know The IRS has recently implemented a significant change that affects businesses and their filing requirements. With the release of new Read More »
IRS Updates Guidelines on Bitcoin Treatment: What You Need to Know Learn how the IRS is adapting to the changing landscape of digital currencies and what it means for taxpayers. Discover Read More »