Hurricane Ian victims in Florida now have until February 15, 2023, to file and pay various federal individual and business tax returns. The Internal Revenue Service (IRS) announced that the deadline for filing various federal individual and business tax returns
Those who failed to file their FBAR by the deadline of April 15 automatically received a delay until October 15, 2022. The Internal Revenue Service (IRS) reminds U.S. citizens, resident aliens, and domestic legal entities that the extension deadline for
Only 50% of American businesses have a cybersecurity plan in place, despite the fact that cybercrime has cost them almost $7 billion in 2021. A cybersecurity benchmarking study was just completed by ThoughtLab, leadership and economic research firm. The study,
The IRS has discovered and reported thousands of fraudulent domains linked to numerous MMS/SMS/text scams (also known as smishing) that target taxpayers so far in 2022. The Internal Revenue Service is alerting taxpayers to a recent rise in texting scams
The AICPA is providing updated guidance for CPAs working in both public and private businesses in its code on potential conflicts of interest. Any profession is susceptible to conflicts of interest, and CPA firms are not an exception. Although the
The daily per diem rate for business travel to less expensive locations is $204 per day. $297 will be the highest rate. The per diem rates will rise as of October 1, 2021, according to the Internal Revenue Service. The
Millions of taxpayers who were eligible for payments did not receive them, while millions of ineligible individuals did. A new report from the Treasury Inspector General for Tax Administration (TIGTA) on the IRS’s handling of advance child tax credit payments
Colorado residents can use digital currency to pay all kinds of taxes, including personal and business taxes. Coloradans can now pay their taxes with cryptocurrency, thanks to a plan announced earlier this year by Gov. Jared Polis. According to Polis,
According to the 2023 Projected U.S. Tax Rates prediction, inflation-adjusted tax amounts in the tax code will rise by roughly 7.1% from 2022, which is more than double the increase of 3% from the previous year. Thomson Reuters Checkpoint calculated
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