IRS UPDATE August 2022

Worker Classification 101: employee or independent contractor A business might pay an independent contractor and an employee for the same or similar work, but there are key legal differences between the two. It is critical for business owners to correctly determine...

IRS UPDATE July 2022

Here’s what taxpayers need to know about business related travel deductions Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good news is business travelers may be able off-set some of...

IRS UPDATE June 2022

What people new to the workforce need to know about income tax withholding For many new grads and other people entering the workforce for the first time, filling out new hire paperwork can be confusing—what’s a W-4, anyway? New employees should ensure they understand...

IRS UPDATE May 2022

Ahead of hurricane season, IRS offers tips on ways to prepare for natural disasters IRS YouTube Videos Preparing for Disasters – English |Spanish | ASL WASHINGTON —The Internal Revenue Service reminded taxpayers today that May includes National Hurricane Preparedness...

IRS UPDATE April 2022

Why it may take longer than 21 days for some taxpayers to receive their federal refund The IRS issues most refunds in fewer than 21 days for taxpayers who file electronically and choose direct deposit. However, some returns have errors or need more review and may take...

IRS UPDATE March 2022

IRS issues FAQs for Tax Year 2021 Earned Income Tax Credit  WASHINGTON — The Internal Revenue Service today issued frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit to educate eligible taxpayers on how to properly claim the credit when they...