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Alabama Association of Accountants Booking Link -1040 SEMINAR OCTOBER 21 & 22, 2024 HUNTSVILLE, AL 35805 Click here for Registration Form Gulf Shores Booking link below AL Association of Accountants -ACCOUNTING SEMINAR SEPTEMBER 23, 2024 GULF SHORES, AL Click here for Registration Form NewsPrepare yourself and business from scams!
REMEMBER: The IRS doesn't initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information. In addition, IRS does not threaten taxpayers with lawsuits, imprisonment or other enforcement action. Recognizing these telltale signs of a phishing or tax scam could save you from becoming a victim. READ MORE» See also:How to know it’s really the IRS calling or knocking on your door Special Report - Congress Approves Sweeping Tax Overhaul
The Tax Cuts and Jobs Act (H.R.1) has been approved by Congress and is on its way to the White House After a last-minute procedural glitch that required the Senate to vote first on the final bill, the most seeping change to the U.S. tax code in decades cleared the Senate 51 to 48, in the early morning hours of December 20, followed by House approval 224 to 201, later the same day. READ MORE ON RATES & IMPACTS FOR INDIVIDUALS & BUSINESSES» IRS Notice - Understanding Employee vs. Contractor Designation
The Internal Revenue Service reminds small businesses of the importance of understanding and correctly applying the rules for classifying a worker as an employee or an independent contractor. For federal employment tax purposes, a business must examine the relationship between it and the worker. The IRS Small Business and Self-Employed Tax Center on the IRS website offers helpful resources. READ MORE» IRS Detects Massive Data Breach in 'Get Transcript' Application
The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves. READ MORE » We are now partnered with Constant Contact
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