Ways to combat Employee Retention Credit fraud; IRS provides standards tax pros can follow

The IRS presents guidance tax professionals must follow when professing worker retention credits to assure they are assembly circular 230 experienced responsibilities.  Around the very last quite a few months,…

IRS delays implementing the 1099-K $600 reporting threshold until 2023, to the relief of tax pros

Tax pros, third-party settlement companies, e-commerce platforms (such as eBay, PayPal, Etsy, CashApp, and Venmo), and individuals and compact organizations that use individuals platforms to offer their items and services…