Podcast | 8-26-2019
This week’s podcast focuses on the following items: Taxpayer found both to have chosen the accrual method and to be...
IRS Automatically Waives Estimated Tax Penalty for Eligible 2018 Tax Filers
WASHINGTON — The Internal Revenue Service is automatically waiving the estimated tax penalty for the more than 400,000 eligible taxpayers...
White House Reportedly Considering Payroll Tax Cut to Boost Economy
By Michael Cohn The Trump administration is reportedly mulling the possibility of temporarily cutting Social Security and Medicare taxes as...
Podcast | 8-19-2019
This week’s podcast focuses on the following items: Taxpayer “wins” on a Cohan style case, but things don’t really go...
Podcast | 8-12-2019
This week’s podcast focuses on the following items: Kansas releases out of state seller rules that have no de minimis...
IRS Launches New Tax Withholding Estimator
This redesigned online tool makes it easier to do a paycheck checkup. IR-2019-139 WASHINGTON — The Internal Revenue Service today launched...
Podcast | 8-5-2019
This week’s podcast focuses on the following items: IRS sends out 10,000 letters on cryptocurrency, including some demanding a response...
Hacker Gains Access to 100 Million Capital One Credit Card Applications & Accounts
By Rob McLean, CNN Business New York (CNN Business) In one of the biggest data breaches ever, a hacker gained access...
House Unanimously Approves LGBTQ Fix to Tax Code
The House unanimously passed legislation to allow same-sex couples who married before the Defense of Marriage Act was struck down...
What’s Your Fraud IQ?
While fraud can damage any organization, it can devastate small businesses, which often lack the resources for proper anti-fraud...