Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Scott Wallin Certified Public Accountant
IRS Announces August Child Tax Credit Payments Now Being Issued
The Internal Revenue Service says millions of families across the U.S. should see their advance payment of the Child Tax Credit (CTC) in their bank accounts or mailboxes any day now.… Read more about IRS Announces August Child Tax Credit Payments Now Being Issued (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
New Notice Includes Work Opportunity Tax Credit Relief
New guidance from the Internal Revenue Service seeks to clear the air on the Work Opportunity Tax Credit (WOTC) for employers and gives relief to them as well.… Read more about New Notice Includes Work Opportunity Tax Credit Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Security Summit Shines Light on Phishing Scams
The Security Summit is this week broadening the scope of its 2021 “Protect Your Clients; Protect Yourself” campaign to include the different types of phishing scams that taxpayers may see in the coming months. This immediately follows the Summit highlighting recent unemployment compensation scams.… Read more about Security Summit Shines Light on Phishing Scams (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Gross Receipts Safe Harbor Now Available for Employee Retention Credit
A new safe harbor unveiled by the Internal Revenue Service and the Treasury Department lets employers exclude some items from their gross receipts when figuring if they are eligible for the Employee Retention Credit, or ERC.… Read more about Gross Receipts Safe Harbor Now Available for Employee Retention Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Security Summit Warns of Scams Targeting Unemployment Compensation
The third installment of the Security Summit’s 2021 “Protect Yourself; Protect Your Client” campaign highlights recent scams targeting unemployment compensation. As part of a five-week focus on identity theft prevention, the Summit is once again asking tax professionals to help spread the word to clients.… Read more about Security Summit Warns of Scams Targeting Unemployment Compensation (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
New Guidance Aimed at Employers Claiming Employee Retention Credit
New guidance from the Internal Revenue Service aims to help employers better understand the employee retention credit—and how they can qualify for it.… Read more about New Guidance Aimed at Employers Claiming Employee Retention Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
