IRS Released New Form 1099-DA Draft for Digital Asset Reporting
Understand how the new IRS Form 1099-DA will impact Digital Asset Reporting and what are the key considerations.
Understand how the new IRS Form 1099-DA will impact Digital Asset Reporting and what are the key considerations.
TIN matching is essential for businesses to verify the accuracy of taxpayer identification numbers provided by vendors and contractors. Reduce the risk of errors on tax…
Find out IRS changes in Quarterly Tax Form 941 for TY 2024. New 941(sp) replaces 941-SS and 941-PR. Social security wage limit updated and more.
Form 1042-S is a resource that helps the U.S. government track payments made to people or groups that are based outside of the country. The goal …
March 31, 2024 marks the end of the first quarter of tax year 2024 which means the majority of employers will be required to file …
Effective January 1, 2024, companies are required to provide the Financial Crimes Enforcement Network (FinCEN) with data regarding the individuals who ultimately hold or manage …
The IRS has updated its filing procedures, implementing new regulations that mandate electronic filing for various returns. Under the Taxpayer First Act, this change lowers …
Preparing a 1042-S is challenging, and the stakes get even higher if there are incorrect filings, leading to penalties, fines, and unnecessary stress. Don’t worry! …
A skimming of recent headlines suggests that the ACA is not only doing what it was intended to do—increase access to quality health care—but has …
According to section 6056, each year, applicable large employers are required to file Form 1095-C with the IRS and provide copies to employees before the …