Articles
- IRS Taxpayer Assistance Centers Open on Special Saturdays for Face-to-Face Help
WASHINGTON – As part of a larger effort to help people during this year's filing season, the Internal Revenue Service today announced special Saturday hours at many Taxpayer Assistance Centers (TACs) across the country. TACs provide... read more
- Funding Innovation in Georgia’s Schools through the Qualified Education Donation Tax Credit
Are you aware of an education tax credit opportunity that could provide your clients with state tax benefits while advancing public education in Georgia? Through the Qualified Education Donation (QED) Tax Credit, your individual and business... read more
- Give Tax Withholding A Fresh Look As 2021 Year-End Nears
The Internal Revenue Service reminds taxpayers today that the last quarter of 2021 is a good time to check withholding. Life brings constant changes to individual financial situations. Events like marriage, divorce, a new child or home purchase... read more
- GSCPA and AICPA Seek Volunteers for CPA Exam Research
The Georgia Society is working with the AICPA to recruit CPAs from all areas of the profession to be a part of a critical phase of CPA Exam practice analysis research . If you’re a CPA or know a CPA who has supervised newly licensed CPAs... read more
- DOL to Conduct Audit Quality Assessment of 2020 Plan Year Filings
The DOL Employee Benefit Security Administration (EBSA) Office of the Chief Accountant (OCA) is planning to conduct a study to assess the quality of audit work performed by independent qualified public accountants (IQPAs) with respect to... read more
- Treasury, IRS Issue Guidance For 2021 On Reporting Qualified Sick And Family Leave Wages
WASHINGTON – The Treasury Department and the Internal Revenue Service today issued Notice 2021-53 , which provides guidance to employers about reporting on Form W-2 the amount of qualified sick and family leave wages paid to employees... read more
- Interest Rates Remain The Same For The Fourth Quarter Of 2021
WASHINGTON – The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2021. The rates will be: 3% for overpayments [2% in the case of a corporation]; 0.5 % for the... read more
- The 10 Biggest Myths (Missed Opportunities) With the Employee Retention Credit
The Employee Retention Credit (ERC) IS HUGE! In March 2021, this credit was extended through December 31, 2021 AND EXPANDED, as part of the American Rescue Plan Act of 2021 (ARPA). But, let’s face it...many of us CPAs, the highly trusted,... read more
- 2021 AICPA MAP Survey Now Open
What story does your firm’s numbers say? Participate in the 2021 AICPA PCPS/CPA.com National Management of an Accounting Practice Survey for insights. Numbers mean a lot. Especially for us as professionals who are constantly dealing with... read more