Articles
- Who Needs to File a Tax Return
Taxpayers need to know their tax responsibilities, including if they're required to file a tax return . Generally, most U.S. citizens and permanent residents who work in the United States need to file a tax return if they make more than a certain... read more
- IRS Fact Sheet - How To Get Tax Withholding Right
The federal income tax is a pay-as-you-go tax. Taxpayers pay the tax as they earn or receive income during the year. Taxpayers can avoid a surprise at tax time by periodically checking their withholding amount. The IRS urges employees and those... read more
- Tax Tips for Gig Economy Entrepreneurs and Workers
IRS Tax Tip 2023-05 In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary... read more
- Georgia, Alabama Storm Victims Qualify for Tax Relief; April 18 Deadline, Other Dates Extended to May 15
IRS.gov News Release: IR-2023-09 Storm victims in parts of Georgia and Alabama now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS... read more
- AICPA Encouraged by IRS Decision to Delay 1099-K $600 Threshold Implementation, Urges Further Consideration to Raise Threshold
Washington, D.C. (December 23, 2022) – The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) delaying the implementation of the $600 reporting threshold for third-party... read more
- Threat Advisory: New Gmail Attack Bypasses Passwords and 2FA To Read All Email
IronTech Security is issuing a threat advisory because of the following statements: According to cybersecurity firm Volexity, the threat research team has found a North Korean group appears to be part of, or related to, the Kimsuky advanced... read more
- Aspiring Black CPA Scholarship Recipients Announced
The national initiative to provide immediate financial support to Black accounting students and professionals has awarded 100 scholarships totaling $93,500 . CHICAGO, July 5, 2022 – In 1921, 25 years after the first certified public... read more
- AICPA’s Practice Issues Survey
The AICPA’s Private Companies Practice Section (PCPS) is gathering insights through a short survey about issues that practitioners are facing, and the responses will help all of us develop tools and resources to assist firms in meeting the... read more
- Child Tax Credit; Automatic Extensions; Low-income Taxpayer Clinic Grants Awarded; Tax Exempt Organization Filing Deadline & More
This IRS communication covers information about filing to claim the Child Tax Credit for 2021; automatic extensions; 2022 funding for low-income taxpayer clinic grants; filing deadline for tax exempt organizations and other tax-related items.... read more
- Identity Stolen? Request an Identity Protection PIN from the IRS
The Internal Revenue Service reminded all taxpayers – particularly those who are identity theft victims – of an important step they should take to protect themselves from tax fraud. Some identity thieves use taxpayers' information to... read more
