The Inflation Reduction Act of 2022 (IRA) has been called “the most significant climate legislation in U.S. history, offering funding, programs, and incentives to accelerate
Each year, the IRS sets the annual gift tax exclusion, which allows a taxpayer to gift a certain amount per recipient tax-free. For 2023, the
A new Corporate Alternative Minimum Tax (CAMT) was enacted when the Inflation Reduction Act was signed into law in 2022. The tax is expected to
As we near the end of 2022, it’s time for businesses to review their year-end tax reporting requirements. Over the last few years, the Internal
Don’t Leave Money on The Table. Does your CPA always wait until the last minute? Do they not get your returns filed until the due date and then you’re scrambling to review and make sure there are no errors?
The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft, which is becoming more and more common. Tax-related identity theft occurs when someone uses your Social Security number to file a fraudulent tax return in an attempt …