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  • IRS Adds New Tech to Balance-Due Notices

    October 12, 2020
    IRS Adds New Tech to Balance-Due Notices

    It’s a first for the Internal Revenue Service. The agency is adding barcode technology to the printed notices that are…


  • IRS Announces ABLE Account Final Regulations

    October 5, 2020
    IRS Announces ABLE Account Final Regulations

    Achieving a Better Life Experience (ABLE) accounts now have final regulations from the Internal Revenue Service. Published last Thursday, this…


  • Final Regulations for Business Meals and Entertainment Deductions Now Available

    October 2, 2020
    Final Regulations for Business Meals and Entertainment Deductions Now Available

    The Internal Revenue Service closed out September by announcing the publication of final regulations for the business-related entertainment deductions that…


  • Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation

    September 22, 2020
    Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation

    Anyone who has prepared tax returns professionally knows that change is the rule, not the exception. When tax laws change,…


  • IRS Reminds Taxpayers About Extension Deadline

    September 21, 2020
    IRS Reminds Taxpayers About Extension Deadline

    The IRS suggests electronic filing and payment options. More than 150 million tax returns have been sent to the Internal…


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