Tax Newsletter December 2023

In this Issue: More Q & A from the Fall Virtual Series IRS Opens Annual Self-Certification and E-file Application URL Registration IRS Reduces Fees to Obtain or Renew a PTIN 1040 MeF Production Shutdown Schedule Employee Retention Credit Eligibility Checklist: Publication5887 Educational Assistance Programs Can Help Pay Workers’ Student Loans Reminder: Payers Filing Erroneous Information Returns […]

Q&A Summary 2023 Fall Tax Seminars

The Q & A from the Fall Virtual Seminars are below. 1099 -K Issues What happens if you receive 1099k which includes business income and repayment for example pay for the whole bill and people and then send you a reimbursement. The 1099-k includes business income and personal deposits mixed. You are going to have […]

Tax Newsletter November 2022


The December 2022 Newsletter will provide the remaining questions and answers from the Fall 2022 virtual sessions. In addition, 2023 inflation adjustments -selected issues and some tax planning opportunities issues. In This Issue: Our Fall Seminars Have Concluded – Part 1 of the Q and A Notice 2022-44 Special Per Diem Rates Effective October 1, […]

Tax Newsletter October 2022

Charity giving

In This Issue: IRS Backlog for Processing Forms 941 Increasing IRS Announces the Creation of a New Office New Charitable Remainder Trust IRS Web Page IRS Temporarily Made Form 990-T Data Public Texas Announces 2022 Fourth Quarter Local Sales and Use Tax Rate Changes Michigan Explains Personal Income Tax Treatment of Digital Currencies Office of […]

Tax Newsletter June 2022

paper shredding

IRS Statement Concerning the Destruction of 30 million Information Returns Due to Software Limitations – Tax Year 2020 In This Issue: Study States Nearly Half of Tax Returns Can Be Prefilled New Partnership Audits on the Horizon No Step-up in Basis for Private Foundation’s Assets Form 941 – A Bit of History Final Foreign Tax […]

January 2021 Newsletter COVID-19 Relief Bill with PPP Expansion

2021 Tax Law

Trump Signs COVID-19 Relief Bill with PPP Expansion Basics and Beyond is ready to provide an update on the newest COVID-19 bill signed into law. This webinar will review the COVID-19 Relief Bill: Coronavirus Relief Act of 2020, PPP loan funds and forgiveness, Business Meals, FFCRA, Employee Retention Credit, Tax Extenders, SBA Loans, etc. Join […]

Tax Newsletter: November 2020 Secure Act Part 2?

Will we see a Secure Act Part 2? As we approach the end of– an unexpected, unbelievable 2020 year – many will remember this year for the virus and the extended tax season. Others may remember the transition into online CPE and learning. Unfortunately, the virus will follow us in 2021, but it has been […]

TAX Newsletter: October 2020

As the October 15th tax deadline approaches, the 2020 filing season ends and we prepare for the 2021 season. Many are engaged in preparing the final 2020 returns and in some cases getting the client to provide those final pieces of information. October is also our annual TAX Boot Camp. This series of classes prepare […]

Tax Newsletter: September 2020

Tax Return form 1040

Tax Law Updates & News Once again news is abundant, so we had to pick and choose what we felt was most important to you and your practice. We’ll take a look at the New 1040. We will include last minute news in our fall seminars and more later in the year time-sensitive issues closer […]

Tax Newsletter: August 2020

As we approach the fall of 2020, the Senate is still considering its options with the HEROES Act. At last glance Congress was putting something together, but I am not sure anyone has a handle on the specifics. More stimulus, more unemployment compensation and more coronavirus legislation are under consideration. The Fall textbook in in […]