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IRS Unveils $80 Billion Enhanced Taxpayer Services & Enforcement Plan
The IRS has unveiled its Strategic Operating Plan aimed at transforming the tax agency over the next decade. The plan’s main objectives
Individual Tax Return Due Dates
For most individual taxpayers, the tax filing and payment deadline is April 15. Those who need more time to file
April 1 is Last Day for Taking First RMDs
IRA account owners and retirement plan participants who turned 72 during 2022 and postponed their first required minimum distribution (RMD)
Employee’s Income Tax Withholding
Whether someone is entering the workforce for the first time or changing jobs, filling out new hire paperwork can feel
Do You Owe Sales Tax on Food You Sell and Don’t Know It?
Effective May 14, 2021, Nevada repealed outdated NRS provisions on exemption of food for human consumption. Effective 05/14/2021, L. 2021, S25
2020 Unemployment Compensation Income Is Not Taxable
The IRS will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the