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TweetShareSharePin0 Shares Posted by hepp on 2014-06-17 19:20:41 Tagged: , tax , hund , dog , valp , puppy , dachshund TweetShareSharePin0 Shares

Tax

TweetShareSharePin0 Shares Posted by hepp on 2014-06-17 19:09:39 Tagged: , tax , hund , dog , valp , puppy , dachshund TweetShareSharePin0 Shares

SALT payments before year end a priority for passthroughs

TweetShareSharePin0 Shares The IRS’s clarification in 2020 that partnerships and S corporations may deduct their state and local tax (SALT) payments at the entity level in computing their nonseparately stated taxable income or loss was welcomed by taxpayers and their advisers. After all, partners or shareholders might otherwise have to reckon with the Sec. 164(b)(6)

TIGTA Report on EITC Audit Procedures Suggests Room for Improvement in IRS Communication and Education Strategy

TweetShareSharePin0 Shares Today we welcome back guest blogger Anna Gooch. Anna highlights ongoing discussions of the IRS’s communication and education strategy between TIGTA, the IRS, and stakeholder groups. This topic is particularly timely following the President’s executive order on improving customer experience across the federal government, which states in part, that Creatively re-thinking taxpayer communication

Standard mileage rates to go up in 2022

TweetShareSharePin0 Shares After decreasing two years in a row, the rate by which taxpayers may compute their deductions for costs of using an automobile for business purposes will go up to 58.5 cents per mile for the 2022 tax year, an increase of 2.5 cents per mile over the 2021 rate. Notice 2022-03, in which
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