Categories Posted inin DeadlineIRS Updates The IRS Extends Third-Party Claim Deadline to Resolve Improper Employee Retention Credit ClaimsThird-party payers, such as payroll providers and tax preparers, have until December 31, 2024, to assist their clients in correcting these claims. Posted byStephanie GlanvilleDecember 4, 20240 Comments Continue Reading
Categories Posted inin Form 1099 SeriesIRS Updates IRS Transition Relief: Updated Form 1099-K Threshold to $5000 for 2024 Tax YearIRS has updated Form 1099-K threshold for the 2024 tax yearPosted byStephanie GlanvilleNovember 28, 20240 Comments Continue Reading
Categories Posted inin IRS UpdatesPayroll Forms The IRS Releases a Draft Version of Form 940 for 2024: Here’s What You Should KnowIn this blog, we're exploring IRS Form 940 and the new updates in the draft version.Posted byStephanie GlanvilleNovember 11, 20240 Comments Continue Reading
Categories Posted inin ACA FormsIRS Updates The IRS Released Finalized ACA Reporting Forms 1095-B/C for the 2024 Tax YearLearn more about the finalized ACA forms and any potential updates for the 2024 tax year.Posted byStephanie GlanvilleOctober 28, 20240 Comments Continue Reading
Categories Posted inin Current EventsDeadline Florida Tax Relief: IRS Extends Tax Deadlines for Taxpayers Affected by HurricanesIndividuals and businesses impacted by recent hurricanes have an extended deadline to file federal tax returns and make tax payments. Learn morePosted byStephanie GlanvilleOctober 21, 20240 Comments Continue Reading
Categories Posted inin ACA FormsIRS Updates The IRS Released ACA Form 1095-B and 1095-C Drafts for the 2024 Tax YearIRS releases draft ACA Forms 1095-B and 1095-C for the 2024 tax year>Posted byStephanie GlanvilleOctober 9, 20240 Comments Continue Reading
Categories Posted inin How-ToIRS Updates How to Set Up Multi-Factor AuthenticationThe IRS recommends adding an additional layer of security to your account, here's how!Posted byStephanie GlanvilleOctober 9, 20240 Comments Continue Reading
Categories Posted inin Form 94x SeriesIRS Updates IRS Released Draft Form 944: Key Updates You Need to KnowLet’s learn more about the new draft of Form 944 and what may affect your upcoming reporting.Posted byStephanie GlanvilleOctober 8, 20240 Comments Continue Reading
Categories Posted inin Form 1099 SeriesIRS Updates The IRS Released Draft Form 1099-DA: Key Updates You Need to KnowThe IRS has released some updates to the 1099-DA draft. Here's an overview: Posted byStephanie GlanvilleAugust 14, 20240 Comments Continue Reading