News

Oh, no, your original will is missing!

In a world that’s increasingly paperless, you’re likely becoming accustomed to conducting a variety of transactions digitally. But when it comes to your last will and >>

The IRS provides relief from bad check penalties –

Due to delays in processing, the IRS is providing relief from bad check penalties for dishonored checks it received between March 1, 2020, and July 15, >>

IRS reopens registration for those who didn’t receive a $500-per-child Economic Impact Payment earlier this year.

The IRS has reopened the registration period for those who didn’t receive $500-per-child Economic Impact Payments (EIPs) earlier this year. Certain federal benefit recipients are urged >>

Thoughtful onboarding is more important than ever

Although many businesses have had to reduce their workforces because of the COVID-19 pandemic, others are hiring or may start adding employees in the weeks or >>

Congress is discussing making more direct payments to eligible individuals to help mitigate the financial effects of COVID-19. But two Democratic members have expressed concern that >>

The IRS has issued temporary regulations on assessing the erroneous refunds of employment tax credits.

The IRS has issued temporary regulations on assessing the erroneous refunds of employment tax credits. They provide rules for reconciling advance payments, and recapturing the benefit >>

External audits offer many benefits to nonprofits

Most nonprofits conduct internal audits on a regular basis. These audits promote fiscal responsibility, but they’re conducted by people inside the organization who may not have >>

Depreciation Dollar Amounts for Business Passenger Automobiles

The IRS has issued depreciation dollar limits for business passenger automobiles placed in service during calendar year 2020. For passenger automobiles acquired after Sept. 27, 2017, >>