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Wednesday, December 16, 2020

Get Ready for Taxes: Stay home and stay safe with IRS online tools

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WASHINGTON – The Internal Revenue Service today encouraged taxpayers to take necessary actions now to help file federal tax returns timely a...

New things taxpayers should consider as they get ready to file taxes in 2021

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When people get ready to file their federal tax return there are new things to consider when it comes to which credits to claim and what de...
Saturday, October 12, 2019

U.S. Department of Labor Issues Notice of Proposed Rulemaking for Tipped Employees

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WASHINGTON, DC   – The U.S. Department of Labor announced  a proposed rule for tip provisions  of the Fair Labor Standards Act (FLSA) imple...
Friday, October 11, 2019

Breaking: DOL finalizes $35K overtime threshold

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The U.S. Department of Labor (DOL) announced today it will publish a final overtime rule, setting the minimum salary threshold for overtime...
Friday, September 13, 2019

Tax Withholding Estimator helps retirees; figures tax on Social Security benefits

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WASHINGTON — The new Tax Withholding Estimator , launched last month on IRS.gov, includes user-friendly features designed to help retirees...

Treasury, IRS release final and proposed regulations on new 100% depreciation

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WASHINGTON — The Treasury Department and the Internal Revenue Service today released final regulations and additional proposed regulations...
Friday, August 9, 2019

Tax tips for summertime employment

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Summertime workers often qualify for tax credits or deductions . Taxpayers working summer jobs should file a return regardless of whether t...

IRS launches new Tax Withholding Estimator online tool

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The Internal Revenue Service is alerting the small business and self-employed community about its recent launch of a new IRS Tax Withholdin...
Friday, May 4, 2018

For Small Business Week: Tax credit can help employers hiring new workers; key certification requirement applies

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With many businesses facing a tight job market, the Internal Revenue Service reminds employers to check out a valuable tax credit available...

How the Employer Credit for Family and Medical Leave Benefits Employers

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During National Small Business Week, the IRS focuses on educating employers about the employer credit for paid family and medical leave cre...