A IRS Chief Counsel recently addressed an inquiry whether unsubstantiated medical expenses reimbursed by a health Flexible Spending Account (FSA) may be …
A former Associate Tax Legislative Counsel at the Treasury Department said the Form 1040 individual income tax return is the “800-pound …
A few days before the IRS issued an April 2023 draft version of Form 941-X (Adjusted Employer’s Quarterly Federal Tax Return or …
Lisa B. Fagan The U.S. Court of Appeals for the Third Circuit has ruled whether a remittance is a deposit …
A business owner in Miami, Florida will spend two and a half years in prison after willfully failing to remit …
Ingrid Chawla Several pieces of proposed legislation introduced in the last the 118th Congress’ first session could significantly alter the American …
Christopher Wood During a payroll conference in Washington D.C. on March 20, a director at the IRS warned taxpayers to …
Ingrid Chawla The Small Business Ecosystem Group, an industry group representing businesses including Etsy, Pinterest, Eventbrite, Patreon, and others, penned …
The IRS has announced that it has started a new Digital Intake initiative with its initial efforts aimed at the digital …
An investigation that determined an employer’s automatic 30-minute meal deductions violated federal overtime and recordkeeping law is a reminder to employers about …