What to Do if You Receive a CP59 Notice?
The Internal Revenue Service (“IRS”) recently announced an initiative aimed at high-income non-filers into tax compliance. Specifically, the IRS has
The Internal Revenue Service (“IRS”) recently announced an initiative aimed at high-income non-filers into tax compliance. Specifically, the IRS has
As tax filing season officially began this week, it is vital for individuals and businesses to remain apprised and cautious
Last month, the IRS issued Notice 2022-53 seeking to clarify the rules concerning required minimum distributions (RMDs) for retirement plans
The Internal Revenue Code (“Code”), in §415, establishes dollar limitations on benefits and contributions taxpayers may make to a qualified
Compiled annually, the IRS “Dirty Dozen” is a taxpayer education initiative that lists and discusses the most frequently encountered tax
In January, the National Taxpayer Advocate Service released its 2021 annual report to Congress, highlighting the many difficulties and challenges
The Ohio Department of Taxation warns taxpayers to be alert for suspicious email communications that may appear to be from
I previously wrote an article on the taxation of cryptocurrency. It details the tax ramifications and tax treatment of cryptocurrency
On Thursday, the United States Department of Treasury and the IRS released guidance which temporarily allows businesses a full deduction
Following its $1.9T COVID-19 relief bill, the Biden Administration released details of its next spending bill, the “American Jobs Plan,”