High Quality Work…Great Customer Service.
Thousands of Internal Revenue Service employees are being ordered back to work, without pay, only so President Donald Trump can avoid the political embarrassment of delayed tax refunds, a federal workers’ union claimed. Bloomberg That’s not a good enough reason, the union said in a request to a judge to block the move. “IRS employees […]
Phony debts; dead wrongs; all ‘zeros’; and other highlights of recent tax cases. Joliet, Ill.: Preparer Leticia Rodriguez, 42, has been convicted of committing identity theft through returns, according to published reports, and was also recently barred from preparing returns or owning a tax prep business. She reportedly pleaded guilty to two counts of ID […]
Wipfli Financial Advisors, a wealth management firm affiliated with Wipfli LLP, a Top 100 Firm based in Milwaukee, appointed Jeff Pierce last month as its new CEO starting Feb. 11, 2019, and he intends to grow the unit while focusing on new opportunities. “The business has a chance to hit the reset button,” he told […]
The U.K.’s plans for an orderly exit from the European Union (Brexit) were thrown into turmoil on Tuesday when its Parliament devastatingly rejected the negotiated Withdrawal Agreement. It leaves the U.K. heading for a “hard Brexit” on March 29, imposing many new taxes and customs declarations obligations on trade between the U.K and the remaining […]
The Internal Revenue Service said Wednesday it wouldn’t penalize many taxpayers whose tax withholding and estimated tax payments fell short last year because of changes in the withholding tables under the Tax Cuts and Jobs Act. The IRS said it would generally waive the tax penalty for any taxpayer who paid at least 85 percent […]
The Internal Revenue Service’s recently issued guidance on excise taxes for nonprofits that have executives earning over $1 million answers some lingering questions, but leaves others for later guidance. The IRS released Notice 2009-09 on December 31, despite the partial government shutdown, as it was allowed make exceptions for work related to the Tax Cuts […]
The Treasury Department released a revised shutdown contingency plan on Tuesday calling for more than 46,000 Internal Revenue Service employees to return to work to get ready for tax filing season, but the majority of them will be unpaid until the partial government shutdown ends. Under the previous contingency plan that has been in place […]
There was a time when generic accounting, auditing and tax compliance services were perceived to have significant value to owners/operators of mid-sized companies, but the business world has changed and today that perceived value has diminished in a big way. Technology has certainly played a role. So has an economy that, despite tax cuts, continues […]
Six Democratic leaders of committees in the House and Senate have written to Trump administration officials expressing concern that the partial government shutdown will prevent the federal government from paying the cost of Advance Premium Tax Credits to provide health coverage for millions of Americans who rely on Obamacare. In a letter Monday, they noted […]
Companies are closely auditing employee expense report claims, flagging some of the most questionable expenses in the fourth quarter of last year such as strip clubs, dog kennels, jewelry, cigarettes and gambling losses, according to a new report. The report, from AppZen, a provider of expense management technology, found that expense approval averages can differ […]
Powered by WordPress. AwesomeOne theme by Flythemes