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 Richard | Jan 28, 2019 | IRS
The IRS has recently issued guidance on a safe harbor for rental property to be classified as a trade or business under the new tax act and be eligible for the Sec 199A deduction to non-corporate taxpayers. (Up to 20% of the qualified business income) Considerations...
