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Rio Bayani
4 days ago2 min read
IRS Speeds Up Processing of Employee Retention Credit (ERC) Claims: What You Need to Know
IRS speeds up processing of Employee Retention Credit claims, tackling 400,000 claims worth $10 billion. Learn how it affects you!
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Rio Bayani
Oct 223 min read
Understanding New Guidance on 403(b) Retirement Plans for Part-Time Employees
New IRS guidance expands 403(b) plans for long-term part-time employees, improving access and benefits starting in 2025.
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Rio Bayani
Oct 183 min read
Exciting News: IRS Direct File Expands for 2025 Tax Season!
IRS Direct File expands to 24 states for the 2025 tax season, offering free e-filing and support for more tax situations!
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Rio Bayani
Oct 152 min read
What You Need to Know About New IRS Rules on Syndicated Conservation Easements
The IRS has issued new rules on syndicated conservation easements, labeling them as abusive tax transactions that must be reported.
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Rio Bayani
Oct 112 min read
Understanding the IRS 2022 Tax Gap Projections: What It Means for You
The IRS projects a $696B tax gap for 2022, but voluntary compliance remains steady at 85%. Stay informed and file accurately!
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Rio Bayani
Sep 273 min read
New IRS Process for Payroll Companies: Simplifying Employee Retention Credit Claims
The IRS has launched a new process for payroll companies to easily correct Employee Retention Credit claims for clients.
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Rio Bayani
Aug 302 min read
IRS Advances on Employee Retention Credit (ERC) Claims: What You Need to Know
IRS speeds up Employee Retention Credit (ERC) payments, tackles improper claims with new audits, and offers appeal options for businesses.
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Rio Bayani
Aug 232 min read
Get Ready for a Paperless Tax Experience: What You Need to Know
The IRS is going paperless! Starting in 2024, you can file taxes and handle correspondence online, speeding up processing and refunds.
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Rio Bayani
Aug 163 min read
IRS Extends Tax Relief to Minnesota Storm and Flooding Victims
IRS extends tax relief for Minnesota storm victims; deadlines pushed to Feb. 3, 2025, for filings and payments. More info on IRS.gov.
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Rio Bayani
Aug 92 min read
Protect Your Tax Info: Why an IRS Identity Protection PIN is Your Best Defense
Protect your tax info with an IRS Identity Protection PIN and Online Account. These tools help guard against identity theft.
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Rio Bayani
Aug 54 min read
What to Watch Out for with Employee Retention Credit (ERC) Claims: A Simple Guide for Businesses
IRS warns of new ERC claim red flags: essential businesses, family wages, PPP overlap, and more. Check your claim to avoid penalties!
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Rio Bayani
Aug 23 min read
Get a Head Start on Your Taxes: IRS Free File and Resources Available Now
Ready to tackle taxes early? Use IRS Free File & online tools for a stress-free summer. Get help now and beat the October rush! #TaxTips
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Rio Bayani
Jul 303 min read
Can't Reach a Real Person at the IRS? Here’s What You Need to Know About the IRS’s Latest Updates!
The IRS is upgrading with new online tools, Spanish services, and 1M+ document uploads, making your tax experience smoother and more accessi
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Rio Bayani
Jul 263 min read
IRS Collected $1 Billion in Past-Due Taxes from Millionaires; Compliance Efforts Continue
IRS collects $1B+ from high earners under new law, ensuring fair tax practices benefitting all income levels. Stay informed for your tax com
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Rio Bayani
Jul 222 min read
Clean Fuel Production Credit: A Guide
Discover the benefits of the Clean Fuel Production Credit—your key to tax savings and environmental impact. Stay tuned for more details!
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Rio Bayani
Jul 193 min read
Tax Credits from Social Media Rumors: Basic Guide
Beware of social media tax advice! IRS warns against false claims for credits like Fuel Tax Credit and Sick Leave. Stay informed, file accur
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Rio Bayani
Jul 132 min read
Understanding New IRS Guidance on Retirement Plan Distributions for Emergency Expenses and Domestic Abuse Survivors
Explore IRS Notice 2024-55: Learn how new exceptions for retirement plan distributions support individuals facing emergencies and domestic a
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Rio Bayani
Jul 82 min read
IRS Targets Abusive Partnership Transactions
IRS intensifies focus on abusive partnership transactions, targeting tax schemes exploiting legal loopholes.
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Rio Bayani
Jul 52 min read
New IRS Regulations for Reporting Digital Asset Transactions
Explore how IRS regulations on digital assets impact compliance and reporting for investors and businesses alike.
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