Newsletters
IRS launches online portal for filing 1099 forms
POSTED JANUARY 2023
The IRS on Wednesday publicized a new free online tool that businesses can use to file 1099 forms.
IRS issues standard mileage rates for 2023
POSTED JANUARY 2023
The IRS issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Updates for 2022 Individual tax returns
POSTED JANUARY 2023
In 2022, the IRS issued a broader definition of digital assets, which includes “any digital representation of value which is recorded on a cryptographically secured distributed ledger or any similar technology.”
Extended Time for Estates to File Portability Election
POSTED DECEMBER 2022
The IRS has recently updated their simplified method for a surviving spouse to obtain an extension of time to make a portability election to apply the decedent’s spousal unused exemption (DSUE) amount for estate and gift tax purposes.
Employee or Independent Contractor: What are the rules?
POSTED DECEMBER 2022
You have hired an individual to perform services for you or your company. So how do you know if that person is now your employee or is an independent contractor?
New inflation adjusted amounts for 2023
POSTED DECEMBER 2022
Annually, the IRS adjusts many amounts and limitations for inflation. Below are a few of the adjusted amounts for 2023.
Tax Filing Reminders – January 2023
February 28th
March 15th
April 17th
Tax Filing Reminders – December 2022
December 15th
December 31st
January 17th
January 31st