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WASHINGTON, D.C. — The Internal Revenue Service (IRS) has reiterated a crucial opportunity for employers to support their employees’ financial well-being through educational assistance programs. These programs, traditionally utilized for …
Unlock Hidden Benefits: How IRS Educational Programs Can Slash Your Student Loan Debt! Read More
WASHINGTON, D.C. — As summer comes to a close, the Internal Revenue Service (IRS) is urging taxpayers to reassess their tax withholding and payment strategies. This proactive step aims to …
Don’t Get Caught Off Guard: IRS Warns Taxpayers to Act Now or Face Big Surprises! Read More
WASHINGTON, D.C. — As the new academic year approaches, the Internal Revenue Service (IRS) has issued a reminder to educators about the $300 deduction available for classroom expenses in 2024. This …
IRS Reminds Teachers of Deduction for Classroom Expenses in 2024 Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released interim guidance under Notice 2024-63, offering clarity for retirement plan sponsors on matching contributions tied to student loan payments. This new …
IRS Issues Interim Guidance on Student Loan-Based Retirement Contributions Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a timely reminder to taxpayers about the potential tax benefits associated with summer day camp expenses. These expenses may qualify for …
IRS Highlights Tax Credit for Summer Day Camp Expenses Read More
During your working years, you know where your income is coming from because you’re working. But once you retire, you’ll have to identify your income sources, know how much you …
Retirees Must Identify and Manage Income Sources Read More
As we transition from summer to autumn, change is all around us — leaves are taking on new colors, temperatures are dropping, and the days are getting shorter. But you …
How to Be a ‘Seasonal’ Investor Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled an early draft of the updated Form 1099-DA. This form is designated for brokers to report sale and exchange transactions …
IRS Releases Draft Form 1099-DA for Digital Asset Transactions Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced new initiatives to aid small businesses and curb improper payments within the Employee Retention Credit (ERC) program. This comes amidst …
IRS Enhances Measures to Address Improper Employee Retention Credit Claims Read More
PHILADELPHIA, PA — Governor Josh Shapiro, alongside U.S. Treasury Secretary Janet Yellen and state leaders, announced yesterday that Pennsylvania will adopt the IRS Direct File program for the 2025 tax …
Pennsylvania Joins IRS Direct File Program, Promises Easier Tax Season Read More