by Imperial Business Management | Jul 16, 2021 | Tax Tips and News
The IRS is reporting a rise in successful scams targeting tax professionals. This news comes on the heels of a second filing season defined by the pandemic: Preparers and taxpayers again relied on digital communication and file exchange, and legislators passed...
by Imperial Business Management | Jul 15, 2021 | Tax Tips and News
The Internal Revenue Service is welcoming the newest member of its Spanish-language features into the clan. The Child Tax Credit Eligibility Assistant that helps families determine if they qualify for the Child Tax Credit and its special advance payments is now...
by Imperial Business Management | Jul 14, 2021 | Tax Tips and News
Time is quickly running out to register for the 2021 IRS Virtual Nationwide Tax Forum. To see all the events—including access to all 30 webinars and IRS Commissioner Chuck Rettig’s keynote address—registration must be completed by Tuesday, July 13. The event starts...
by Imperial Business Management | Jul 10, 2021 | Tax Tips and News
We’ve all been there before: We got a new job, and on the first day, our new boss puts a Form W-4 on our desk and tells us to fill it out for withholding. It takes a bit of math and what feels like a good helping of guesswork to figure out just how much tax we need to...
by Imperial Business Management | Jul 8, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service tries to clear up questions some transportation companies may have about pandemic-related federal grants. The agency has published a series of frequently asked questions aimed at giving these companies a better idea of...