IRS releases plan to triple its audit rates on large corporations
Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
Understanding the Form 8300 e-filing requirements for cash transactions over $10,000
Understand the IRS's new e-filing system for Form 8300, designed to simplify the reporting of cash transactions over $10,000. Learn who must file, the e-filing requirements, and how to apply for [...]
Financial reset: strategizing for a prosperous year ahead
Set your financial targets for the year with this comprehensive guide that uses the SMART framework. Learn about strategies for debt repayment, evaluating your emergency fund, and early tax [...]
Policy changes: Social Security Administration’s new approach to overpayments
The Social Security Administration's approach to overpayments is changing, bringing potential changes to your benefits. Explore these policy changes and how they may help you retain more of your [...]
Credits and incentives available to retirement plan sponsors
Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.
Building sustainable wealth: 5 key considerations for emerging high earners
Get valuable insights on how to build sustainable wealth as an emerging high-earner. This article dives deep into managing lifestyle creep, understanding income tax, and making tax-efficient [...]
Recent changes: retirement plan eligibility for long-term part-time employees
As of 2024, certain long-term part-time employees are eligible to participate in 401(k) plans. This article provides a detailed understanding of the changes to retirement plan rules brought about [...]
IRS announces new initiative aimed at high-income non-filers
IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.
Inflation expectations remain remarkably well anchored
The inflation shock of the past three years is abating. One reason is that expectations of future inflation continue to remain remarkably well anchored.
The IRS urges businesses to review ERC claims for 7 common red flags
IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.
