On April 8, 2021, the Internal Revenue Service issued Notice 2021-25 to provide guidance on the rule changes made under
Recent tax law changes provide options related to the tax and the 10% penalty assessed for an early withdrawal from
Following the lead of the IRS, which recently announced an extension of the filing deadline for federal income taxes for
In response to growing pressure from several professional organizations and Congressional leaders (see recent post), the Internal Revenue Service has
The Senate version of the American Rescue Plan of 2021, signed into law on March 11, 2021, by President Biden,
In a press release issued on March 8, 2021, Chairman of the House Ways and Means Committee Richard Neal (D-MA)
The American Rescue Plan Act of 2021 (ARP or “the Act”) was signed into law by President Biden on March
The Taxpayer Certainty and Disaster Relief Act (TCDRA) of 2020, part of the Consolidated Appropriations Act, 2021 (CAA), included an
The rules for business net operating losses (NOLs) have undergone several changes in recent years. Under the tax reform law
The IRS issued a news release on January 27, 2021 to share important reminders for individual tax filers who are
In IR-2021-21, issued on January 26, 2021, the Internal Revenue Service encourages employers to take advantage of the newly-extended Employee
As you begin the new year, we would like to remind you of a number of important business changes that
