Newsletter Archives
Open Filing Season for 2023 Tax Returns
The IRS began accepting and processing 2023 tax returns on January 29, 2024, marking the official opening of tax filing season. This year’s tax season will feature the roll out of several improvements to IRS …
IRS Announces Penalty Relief for Millions with Overdue Tax Balances from 2020-2021
During the COVID-19 pandemic, the IRS temporarily halted sending tax due notices to millions of individuals, businesses and organizations. However, penalties for non-payment or late payment continued to accrue on many overdue tax balances. To …
Upcoming Tax Deadlines
February
Day
12
Employees Who Work for Tips – If you received $20 or more in tips during January, you must report them to your employer (employees are required to keep a daily record of tips). All tips …