According to the IRS, a moratorium on processing of new ERC claims through year’s end will allow IRS to add more safeguards to prevent future abuse, to protect businesses from […]
Tag: IRS
IRS Imposes E-Filing Requirements for Form 8300
Businesses that receive more than $10,000 in cash must report transactions to the U.S. government. The IRS says this rule helps the government fight tax evaders, drug dealers, terrorists and […]
Honoring Our Veterans: The Importance of Hiring Veterans on National Hire a Veteran Day
On National Hire a Veteran Day, we reflect on the sacrifices made by veterans who have served our country and the importance of supporting their transition to civilian life. One […]
New IRS Portal for Form 1099 Series
The IRS has announced that businesses can now file Form 1099 series information returns using a new online portal, available free from the IRS. Known as the Information Returns Intake […]
Nonprofits: Understanding the Tax Issues
It’s often assumed that nonprofits have no tax obligations at all, but that’s not true. Nonprofits do get a lot of tax breaks, but managers of nonprofits still need to […]