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4 Nov 2020, 9:19 am
The Internal Revenue Service (IRS) has released guidance on cost-of-living increases to the income ranges for determining individual retirement account (IRA) and Roth IRA contribution eligibility, and to claim the Saver’s Credit for 2021 — but employee 401(k), 403(b) and IRA contribution limits remain unchanged. [read post]
4 Nov 2020, 6:18 am
Thresholds: The $25 million revenue threshold will be measured as of Jan. 1 of the calendar year (i.e., to address companies that hit the threshold in the middle of the year). [read post]
4 Nov 2020, 2:00 am
Historically, this rollover was capped at $500, but thanks to Internal Revenue Service (IRS) Notice 20-23, the limit for the maximum carryover amount has increased $50 to $550 and will be adjusted annually for inflation. [read post]
3 Nov 2020, 6:30 am
Anniversary of the 16th Amendment Internal Revenue Service Christmas ornament featuring the original Form 1040 (1993), from the collection of Betty Lupinacci (photographer). [read post]
2 Nov 2020, 1:00 am
The hand-downs will be streamed on Supreme Court Live and will then be made available on the Supreme Court’s video on demand service. [read post]
1 Nov 2020, 8:00 am
We urge you to investigate this apparent error by the Internal Revenue Service (IRS) and take corrective action immediately. [read post]
1 Nov 2020, 5:08 am
Diversification is the investment strategy whereby holding a variety of assets creates a greater long-term return because the variety reduces risk. [read post]
1 Nov 2020, 4:56 am
For multinational companies with billions of dollars in revenue each quarter, paying for Australian news would be small potatoes. [read post]
30 Oct 2020, 2:31 pm
Mnuchin, 20-cv-05309 (PJH), del distrito norte de California, se determinó que el Departamento de Tesoro Federal y el Internal Revenue Services (IRS) retuvieron de manera ilegal la distribución del Pago de Impacto Económico del CARES Act a miles de personas, exclusivamente por su condición de estar privado de libertad. [read post]
30 Oct 2020, 11:49 am
Owners should make it a point to internally meet more often to discuss the business’s financial status. [read post]
30 Oct 2020, 11:40 am
Nevertheless, taxing all goods and services at a standard lower VAT rate would reduce complexity and potentially increase compliance. [read post]
30 Oct 2020, 9:01 am
AG Canada removed the Canada Revenue Agency (CRA) restriction that charities spend no more than 10 per cent of their revenues on “non-partisan” political activities. [read post]
30 Oct 2020, 7:46 am
"Many of the promises made 16 years ago, including its projections in royalties and state revenues from new treatments, have not borne out. [read post]
30 Oct 2020, 6:00 am
Check out this IRS presentation on payroll reporting and learn about reporting and withholding requirements that apply to paid election workers at: Payroll Reporting for Election Workers [read post]
30 Oct 2020, 6:00 am
Check out this IRS presentation on payroll reporting and learn about reporting and withholding requirements that apply to paid election workers at: Payroll Reporting for Election Workers [read post]
30 Oct 2020, 6:00 am
Seductively and dangerously, these economies promise to provide jobs and revenues in the short term. [read post]
30 Oct 2020, 4:30 am
When disaster strikes, the Internal Revenue Service (IRS) will often offer tax relief to individual and business taxpayers. [read post]
30 Oct 2020, 3:56 am
The Internal Revenue Service (IRS) has announced the new federal income tax brackets, exemptions and deduction limits for 2021. [read post]
30 Oct 2020, 3:00 am
International Election Observers in the U.S. [read post]
29 Oct 2020, 4:43 pm
Comm’r, stating that when the Commissioner of Internal Revenue makes a deficiency assessment, the court places the burden on the taxpayer to prove that the assessment was erroneous. [read post]
