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Jan 6, 2023
$642B distributed by the IRS despite backlogs and refund delays in 2022
At the end of 2022, The Internal Revenue Service reported they received more than $4.9 trillion in tax revenue for fiscal year 2022, and...


Dec 16, 2022
Tax Cuts and Jobs Act May Make Venture-Capital Backed Startups Owe 2022 Taxes
Due to a provision in the Tax Cuts and Jobs Act (TCJA), many unprofitable startups will have a surprise tax bill on April 18, 2023. This...


Dec 9, 2022
IRS Requests Additional Feedback on Green Energy Tax Credit Rules
The IRS released three notices in late October asking for comments on the guidance it should issue on renewable energy-related provisions...


Dec 2, 2022
Millions of Unprocessed Tax Returns Create Issues for IRS
As of October 28, the Internal Revenue Service had about 4.4 million unprocessed individual returns, including tax returns and late-filed...


Nov 18, 2022
IRS Surprises Retirement Plan Heirs With Tax Reprieve
Recent heirs to retirement plans got an unexpected boost last month when the Internal Revenue Service suggested they could skip making...


Nov 5, 2022
How to Work Smarter Instead of Harder
It’s not unusual for entrepreneurs to face a multitude of unique challenges every day that can stretch their ability to stay productive....
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