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Small Business Deductions for TY 2022

by Imperial Business Management | May 7, 2022 | Tax Tips and News

With the deadline for filing individual tax returns come and gone, tax professionals everywhere are enjoying well-earned downtime. However, taking a little time with business-return clients to get a jump on planning for next filing season could bring unexpected...

Tax Tip Highlights Taxpayers’ Right to Challenge IRS Position

by Imperial Business Management | Apr 30, 2022 | Tax Tips and News

Taxpayers may not be aware, but they have rights when it comes to working with the Internal Revenue Service. The Taxpayer Bill of Rights lists 10 fundamental tax-related rights, ranging from the right to be informed to the right to a fair and just tax system. The IRS...

IRS Unveils 2022 Tax Forums Start Date

by Imperial Business Management | Apr 27, 2022 | Tax Tips and News

The Internal Revenue Service says the 2022 Nationwide Tax Forum will kick off July 19, with the classes and online festivities going for more than five weeks. Live-streamed seminars will be offered every Tuesday, Wednesday and Thursday. What’s the backstory for...

IRS Highlights Tax-Exempt Deadline

by Imperial Business Management | Apr 24, 2022 | Tax Tips and News

Now that the filing season for personal income tax returns has closed, tax professionals everywhere can take a much-deserved breather. Right? Not so fast. Another filing deadline lurks just around the corner, albeit not as wide-ranging as the one just past. Many...

IRS Sending Notices to Address Withholding Errors

by Imperial Business Management | Apr 20, 2022 | Tax Tips and News

The Internal Revenue Service is giving some filers a firm but friendly tap on the shoulder, letting them know some of the forms they’ve filed don’t match up with the agency’s records. Financial institutions, businesses or even regular individual taxpayers could see a...
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