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While Congress and the Administration work furiously to address the health-related impacts of the Novel Coronavirus (COVID-19) pandemic, they have also taken steps at an unprecedented rate to head off
In response to the difficulties created for all Americans by the Coronavirus pandemic, taxpayers were given a recess for tax payments due on April 15, 2020 for calendar year 2019.
Making sense of U.S. sales and use taxes can be difficult. That’s because, unlike most countries, the United States doesn’t have a national sales tax. So, there isn’t a standard
As data becomes more and more important to business decisions, having real-time, easy-to-read data at your fingertips is crucial. Even if you utilize an ERP system, uncovering insights about the
In a new release, IR-2020-24, the IRS reminds senior taxpayers of the availability of a new tax form, Form 1040-SR, U.S. Tax Return for Seniors, featuring larger print and a
The IRS released IR-2020-23, which provides an outline of the effects of a new tax law passed in December 2019. The Taxpayer Certainty and Disaster Tax Relief Act includes several
As you begin the new year, we would like to remind you of a number of important business changes that have been implemented by Congress, the Internal Revenue Service, and
Unlike accountants who are in charge of recordkeeping, financial analysts are charged with examining, analyzing and evaluating the entirety of a corporation’s financial activities and mapping out the company’s financial
Though the U.S. House of Representatives continues to work through the ongoing impeachment proceedings, the Chamber has apparently found time to produce a proposed tax bill that would primarily serve
The Internal Revenue Service recently modified and updated the rules for using optional standard mileage rates to calculate the deductible costs of operating an auto for business, charitable, medical, or
The Form W-4, the Employee’s Withholding Allowance Certificate, determines the amount of Federal Income Taxes to be withheld from an employee’s paycheck. The IRS encourages everyone to use the Tax
SEE ADDITIONAL RMD OPTIONS UNDER THE CARES ACT (July 2020) Taxpayers who have attained the age of 70½ must begin to consider taking distributions from qualified retirement plans, simplified
