The “Kiddie Tax” and How to Avoid ItAugust 21, 2024Educational ArticlesThe “Kiddie Tax” taxes a child’s net unearned income over a threshold amount at their parent’s higher tax rate. The…Read More
IRS Launches Second ERC Voluntary Disclosure ProgramAugust 20, 2024Educational ArticlesBy Debbie Tam, CPP, Checkpoint On August 15, 2024, the IRS announced the launch of the Second Employee Retention Voluntary…Read More
IRS Postpones Tax Deadlines for Victims of Hurricane DebbyAugust 19, 2024Educational ArticlesThe IRS has postponed tax deadlines for victims of Hurricane Debby in Florida, Georgia, and North and South Carolina. Affected…Read More
FinCEN Explains, Refines Beneficial Ownership Reporting RequirementsAugust 14, 2024Educational ArticlesBy Maureen Leddy & Tim Shaw, Checkpoint With the Corporate Transparency Act‘s beneficial ownership reporting deadline looming, the agency in…Read More