A quarterly magazine from the National Association of Enrolled Agents
Winter 2024 vol.42 no.4
Things to Discuss with Clients at 2023 Appointments
Tax News Briefs

Things to Discuss with Clients at 2023 Appointments

New Beneficial Ownership Information Reporting Rules On September 29, 2022, the Financial Crimes Enforcement Network (FinCEN) issued a final rule implementing the bipartisan Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) r... TheTaxBook

Jan/Feb 2023, Tax News Briefs, Financial Crimes Enforcement Network, FinCEN, LLC, FSA, limited liability partnerships, limited liability companies, limited liability limited partnerships, LLP, LLLP, beneficial ownership information, BOI, Corporate Transparency Act, CTA, Small Business Regulatory Enforcement Fairness Act, Identity Protection PIN Opt-In Program, §125, qualified health plan, QHP, Form 15227
Payroll Taxes in 2021: The Dos and Don’ts
Payroll Corner

Payroll Taxes in 2021: The Dos and Don’ts

Filing payroll taxes accurately takes work, especially when keeping track of changing tax regulations. The following payroll tax tips will help your clients stay compliant. The subject of payroll taxes can be a prickly one for human resources p... Justworks

Sept/Oct 2021, Payroll Corner, payroll, FICA, Social Security, health savings account, Flexible spending account, Medicare, FSA, employer taxes, FUTA, Federal Unemployment Tax Act, Federal Insurance Contributions Act, Form 941, Revenue Procedure 2020-45, HSA, State Unemployment Tax Act, SUTA
Things You Need to Know for Tax Year 2021
Tax News Briefs

Things You Need to Know for Tax Year 2021

Advanced Payments of Child Tax Credit to Begin July 15 The Internal Revenue Service (IRS) has announced that the first monthly payment of the expanded and newly advanceable child tax credit from the American Rescue Plan will b... TheTaxBook

July/Aug 2021, Tax News Briefs, advanced, American Rescue Plan Act, Consolidated Appropriations Act, child tax credit, adjusted gross income, AGI, §274, §132(e)(2), §119, de minimis, dependent care assistance program, DCAP, flexible spending arrangement, FSA, Notice 2021-15, Notice 2021-26, §274(n)(2)(D), 100-percent deduction, 50-percent limitation