In a recent announcement, the IRS increased the annual limit for tax-free charitable donations from IRAs, allowing eligible IRA owners aged 70½ and older to...
AAFCPAs would like to make clients aware that the Internal Revenue Service has issued important interim guidance for employers offering retirement plans, which presents a...
AAFCPAs would like to make clients aware that the Internal Revenue Service introduced its second Employee Retention Credit (ERC) Voluntary Disclosure Program, which runs until...
The IRS has released five new warning signs to help businesses prepare for upcoming actions against improper Employee Retention Credit (ERC) claims, urging businesses to...
AAFCPAs would like to make clients aware that, on June 20, 2024, the IRS announced its plans to deny tens of thousands of improper, high-risk...
AAFCPAs would like to make clients aware that the U.S. Department of Labor issued its final rule on employee versus independent contractor classification under the...
Foreign companies entering the U.S. have a lot to consider from a tax, accounting, and legal perspective prior to commencing operations in the U.S. Because...
Last year, the IRS managed fallout resulting from deceptive third-party promoters, known as ERC mills, who used aggressive tactics, such as unsolicited cold calls and...
AAFCPAs would like to make clients aware that the IRS has announced a delay in implementing its new $600 1099-K reporting threshold for third-party settlement...
