Newsletters
The IRS has provided FAQs regarding Coronavirus State and Local Fiscal Recovery Funds (SLFR Funds). The FAQs detail the tax consequences for individual recipients and the reporting requirements for the states and local governments and employers as applicable...
The IRS has released frequently asked questions (FAQs) detailing reporting directions for certain passthrough entities and taxpayers partnership interests reporting held in connection with the performance of services, known as "carried interests"...
In October and November of 2021, the IRS is sending informational-only CP256V Notices to self-employed individuals and household employers that chose to defer paying certain Social Security taxes under the Coronavirus Aid, Relief, and Economic Security (CARES) Act ( P.L. 116-136)...
Have A Question?
Submit your message and we'll get back to you soon..