by Imperial Business Management | Dec 14, 2021 | Tax Tips and News
The Internal Revenue Service has updated its online information with the aim of helping individual taxpayers qualify for Economic Impact Payments (EIPs) if they didn’t already get one. The agency says it has updated its frequently asked questions (FAQs) on the 2020...
by Imperial Business Management | Dec 9, 2021 | Tax Tips and News
Tax professionals have been in the crosshairs of cybercriminals for some time now, and it’s only getting worse. Now, the crooks are casting their nets, not only for client data, but to snare vital data of the tax pros themselves. The Internal Revenue Service says this...
by Imperial Business Management | Dec 9, 2021 | Tax Tips and News
While most Americans have their eyes firmly on the Christmas holidays, many US retirees have another milestone to consider. While the holidays are the emotional favorite, they shouldn’t let the deadline slip by to make Required Minimum Distributions (RMDs) from their...
by Imperial Business Management | Dec 7, 2021 | Tax Tips and News
New guidance is available for employers on the retroactive termination of the Employee Retention Credit. The new information is contained in Notice 2021-65. The reversal comes after passage of the Infrastructure Investment and Jobs Act on Nov. 15 of this year. The new...
by Imperial Business Management | Dec 4, 2021 | Tax Tips and News
We’re not trying to be alarming, but if you’ve got a small business, there’s someone looking over your shoulder—and we’re not talking about the government. They are, however, scammers and identity thieves, looking to use the business’ confidential information to file...