The Internal Revenue Service is reminding businesses of their responsibility to file Form 8300, Report of Cash Payments Over $10,000, and encourages e-filing to help them file accurate, complete forms. Although many …
Whether you’re concerned about external or internal fraud, you can only do so much to prevent and control it. The situation, however, is not as dire as it may sound. …
Enacted in 1996, the Work Opportunity Tax Credit (WOTC) is a federal tax credit that eligible employers can claim if they hire eligible individuals who have consistently faced stringent barriers …
IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security taxes. This deferral applied to those with less than $4,000 in wages every two weeks, …
Owning a real estate business comes with a host of responsibilities, including understanding your balance sheet. A company’s balance sheet reports a company’s assets, its liabilities and shareholders’ equity at …
The IRS has announced that individuals have until May 17, 2021, to meet certain deadlines that would normally fall on April 15. This follows a previous announcement from the IRS on March …
