by Joanna Cosper | Apr 1, 2025 | Articles, IRS
On March 21, 2025, the IRS announced a new procedure on how to report Employee Retention Credit (ERC) refunds related to wages from prior tax years. This announcement affects thousands of taxpayers and practitioners who have received or are expecting ERC refunds....
by Joanna Cosper | Feb 21, 2025 | Articles
FinCEN announced that the beneficial ownership information (BOI) filing mandate is now due March 21, 2025. This new due date applies to the vast majority of reporting companies to file an initial, updated, or corrected BOI report, including those entities formed prior...
by Joanna Cosper | Jan 14, 2025 | Articles
In response to the severity of the Los Angeles wildfires, the IRS and the State of California have agreed to extended federal and state tax deadlines. As of Monday, January 13, taxpayers located in Los Angeles County have been granted an extended deadline of October...
