by Imperial Business Management | Jul 23, 2021 | Tax Tips and News
The Internal Revenue Service has long allowed educators to deduct part of the cost of supplies and other expenses from their taxes. The total deduction allowed may not sound like much, but educators all over the U.S. have come to depend on this tax break for a little...
by Imperial Business Management | Jul 21, 2021 | Tax Tips and News
The Internal Revenue Service is continuing to move individual income tax features into the digital age. The agency’s latest move gives taxpayers digital control over who can represent them or view their tax records. The new feature is one of the recent upgrades...
by Imperial Business Management | Jul 20, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service attempts to shine a little light on multiemployer qualified retirement plans that got financial help from the Pension Benefit Guaranty Corporation (PBGC), while explaining what that assistance means for participants and...
by Imperial Business Management | Jul 17, 2021 | Tax Tips and News
After a dismal winter made darker by the COVID-19 pandemic, millions of American families are getting a little sunnier disposition thanks to advance payments of the Child Tax Credit. Millions of the advance payments are now showing up as electronic deposits in...
by Imperial Business Management | Jul 16, 2021 | Tax Tips and News
Every year, the Electronic Tax Administration Advisory Committee (ETAAC) sends a report to Congress that includes recommendations for improving tax administration. This year, the committee’s report followed a second filing season defined by the challenges of a global...
