Understanding your employment situation is crucial for navigating the tax implications of remote work, particularly regarding potential deductions like internet costs. The increasing trend of remote work has transformed the…
On March 11, President Joe Biden presented his fiscal year 2025 budget to Congress, featuring tax increase proposals amounting to nearly $5 trillion targeting corporations and individuals earning over $400,000.…
Dealing with 1099-MISC forms can be a critical aspect of managing your finances in QuickBooks Online. These forms are essential for businesses that work with independent contractors and freelancers. In…
The new year brought renewed vigor to the financial markets in the USA, with a noticeable upsurge in client deposits among the six largest FX brokers. The Commodity Futures Trading…
During his State of the Union address, President Joe Biden outlined his intentions to increase taxes on wealthy Americans and large corporations. This plan, which will be detailed in the…
USA Compression Partners, LP (NYSE: USAC), also known as USA Compression, has made an announcement today regarding the availability of its 2023 tax packages, which include the Schedule K-1. These…
BERLIN and BOSTON, March 5, 2024 – In a significant development in the e-commerce sector, Razor Group GmbH ("Razor") has announced the acquisition of Perch, a prominent Amazon aggregator in…
The IRS announced on Thursday that it is reinstating its non-filer enforcement program, targeting high-income individuals who haven't filed tax returns. This initiative, dormant for several years due to budget…
The Internal Revenue Service (IRS) is issuing over 20,000 rejection notices to taxpayers who improperly claimed a tax break introduced during the COVID-19 pandemic. This move is part of the…
The United States is currently in the midst of the 2023 tax season, with the Internal Revenue Service (IRS) processing a large volume of tax returns. It is estimated that…
