New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.
IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.
Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.
IRS announces simplified method for employers who have not yet received ERC refunds to withdraw claims that they now believe are ineligible.
ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?
The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.