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What Businesses Need to Know About the Tax Treatment of Bitcoin and Other Virtual Currencies
Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also...
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Law Change Affects Moving, Mileage and Travel Expenses
The Internal Revenue Service recently provided information to taxpayers and employers about changes from the Tax Cuts and Jobs Act that affect: Move...
IRS Audit Techniques Guides Provide Clues to What May Come Up If Your Business is Audited
IRS examiners use Audit Techniques Guides (ATGs) to prepare for audits — and so can small business owners. Many ATGs target specific...
IRS Reminds Retirees of April 1 Deadline to Take Required Retirement Plan Distributions
The Internal Revenue Service today reminded taxpayers who turned age 70½ during 2017 that, in most cases, they must start receiving required...
IRS Releases Updated Withholdings Calculator and 2018 W-4 Form
The IRS has completed updating its online withholding calculator that individual taxpayers can use to determine how many withholding allowances they should claim for...
IRS Releases Updated 2018 Withholding Tables
The IRS has released updated withholding tables for 2018. The tables reflect major changes made by the Tax Cuts and Jobs Act...
