Will Congress Consider A Smaller Package Of Tax Provisions?

With the prospects of a comprehensive U.S. tax legislative package unlikely, one possible path for...

Congress eyes further retirement savings enhancements

In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) —...

New Legislation Adopts Ability for PTE’s to Pay Entity-Level Taxes

The Virginia General Assembly recently passed new legislation, which adopts the ability for...

The Build Back Better Act in Legislative Lull

2021 was a busy legislative year. A new administration took office. The American Rescue Plan was...

IRS Interim Guidance: Valid Research Credit Refund Claims

The IRS has released two pieces of interim guidance on its revised administrative policy regarding...

The IRS again eases Schedules K-2 and K-3 filing requirements for 2021

The IRS has announced additional relief for pass-through entities required to file two new tax...

New tax reporting requirements for payment apps could affect you

If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square...

2022 Tax Calendar

The 2022 Tax Calendar is here. To help you make sure you don’t miss any important 2022 deadlines,...

Tax Exempt & Government Entities Division Releases 2022 Program Letter

The IRS Tax Exempt and Government Entities division released its fiscal year 2022 Program Letter on...

Act on Economic Injury Disaster Loan Funding Before Year End

As the new year approaches, the future of the Build Back Better Act (BBBA) — and the strength of...