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President Joe Biden recently signed two bills allowing the federal government more time to find and prosecute fraud related to the Paycheck Protection Program and COVID-19 Economic Injury Disaster Loans.
View MoreThe IRS recently issued Notice 2022-33, extending the deadline for compliance with certain provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019, the Bipartisan American Miners Act of 2019 and the Coronavirus Aid, Relief, and Economic Security Act.
View MoreThe IRS has released a draft version of Form 1040 for the tax year 2022, along with drafts of related forms and schedules.
View MoreThe U.S. Senate recently passed the $437 billion Inflation Reduction Act, a bill focusing on President Joe Biden’s domestic agenda items of tax, climate and health care.
View MoreThe IRS and the U.S. Treasury Department recently issued final regulations (T.D. 9963) stating that partnerships electing to adjust the basis of partnership property under Sec. 754 do not have to include a signature on their election statement.
View MoreMarketing strategies can integrate both new and traditional methods. Most importantly, choosing marketing strategies that fit your firm would be best.
View MoreThe Treasury Inspector General for Tax Administration has recently released a report evaluating the IRS’ business identity theft and tax fraud detection efforts.
View MoreThe IRS recently announced that storm victims in parts of Kentucky now have until Nov. 15, 2022, to file various individual and business tax returns and make tax payments.
View MoreThe Tennessee Society of CPAs (TSCPA) is pleased to award $285,000 in scholarships through the Educational & Memorial Foundation of TSCPA to 111 students attending colleges or universities throughout Tennessee.
View MoreThe U.S. House of Representatives recently passed the Senate’s version of a bill known as the CHIPS and Science Act.
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