Key points to keep in mind when filing 2022 tax returns
The IRS offers a checklist of reminders for people as they prepare to file their 2022 tax returns.
For those over 72: start withdrawals from IRAs and retirement plans to avoid penalties.
The Internal Revenue Service reminds those who were born in 1950 or earlier that funds in their retirement plans and individual retirement arrangements face important upcoming deadlines for required minimum distributions to avoid penalties.
What is an Offer in Compromise?
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship.
Next Quarterly Payroll Tax Return is due November 1
The Internal Revenue Service today reminded employers that the next quarterly payroll tax return is due November 1, 2021. The IRS urges employers to use the speed and convenience of filing the returns electronically.
Don’t mess with taxes: Accountant pleads guilty to tax evasion and obstruction offenses
Never underestimate the IRS! Tax avoidance can lead you to serious problems. The tax loss of this accountant’s conduct is $1,132,398.