What to Do if You Receive a CP59 Notice?
The Internal Revenue Service (“IRS”) recently announced an initiative aimed at high-income non-filers into tax compliance. Specifically, the IRS has
The Internal Revenue Service (“IRS”) recently announced an initiative aimed at high-income non-filers into tax compliance. Specifically, the IRS has
As tax filing season officially began this week, it is vital for individuals and businesses to remain apprised and cautious
State use tax is complimentary to sales tax and is levied on a state-by-state basis. It is generally owed by
Last month, the IRS issued Notice 2022-53 seeking to clarify the rules concerning required minimum distributions (RMDs) for retirement plans
The Internal Revenue Code (“Code”), in §415, establishes dollar limitations on benefits and contributions taxpayers may make to a qualified
The Senate passed the Inflation Reduction Act of 2022 early Sunday morning after Vice President Kamala Harris cast the tie
Compiled annually, the IRS “Dirty Dozen” is a taxpayer education initiative that lists and discusses the most frequently encountered tax
At the end of June, Ohio Governor Mike DeWine signed House Bill 515 (“HB 515”) into law, with it taking
The Biden Administration released its revenue raising proposal for the Fiscal Year 2023 Budget (“FY2023 Budget”). The stated goals of
In January, the National Taxpayer Advocate Service released its 2021 annual report to Congress, highlighting the many difficulties and challenges