Monday, April 29, 2024

IRS: 2024 Flexible Spending Arrangement contribution limit rises by $150

Employee who chooses to participate in an FSA can contribute up to $3,200 through payroll deductions Washington –...

Employers urged to electronically file payroll tax returns by Oct. 31

Washington - The Internal Revenue Service today reminded employers to file the next quarterly payroll tax return by the approaching Oct. 31,...

IRS: Avoid processing delays using these steps to prevent tax return errors

Tax software, including IRS Free File, also helps prevent mistakes when selecting a tax return filing status Washington...

Treasury, IRS provide guidance for broker reporting on digital assets

Transitional guidance applies only to information returns filed or furnished by brokers Washington - The Treasury Department...

IRS issues guidance on state tax payments

Guidance is being issued as part of the IRS’s efforts to provide additional certainty to states Washington –...

IRS reminds taxpayers: Choose a tax professional carefully

When hiring an individual or firm to prepare a tax return, filers need to understand who they’re choosing and what important...