Effective 1/1/2024: Beneficial Ownership Information Reporting Required Get Details >
U.S. Supreme Court to Hear Case on Tax Firm Attorney-Client Privilege
The U.S. Supreme Court agreed to consider a law firm’s case to shield client communications from grand jury subpoenas.
Read More >Unqualified PPP Loans to be Taxed by IRS
Taxpayers who have received PPP loan forgiveness while deemed unqualified to receive forgiveness, will be taxed.
Read More >IRS Sending Erroneous Notices
July 27, 2022 – The IRS has reported that they have mailed erroneous balance due notices.
Read More >IRS Destroys Millions of Tax Documents
Approximately 30 million paper-filed unprocessed tax documents have been destroyed in March 2021.
Read More >