The Internal Revenue Service said Tuesday that the term “digital assets” has replaced “virtual currencies,” a term used in previous years, on various tax forms. Taxpayers, the IRS said, “must again answer...
Individuals and businesses impacted by recent storms in California will have an extended deadline to file federal tax returns and make payments, according to a recent IRS announcement. The...
All taxes can be broken down into three categories: Taxes on your purchases Taxes on your income Taxes on your assets Taxes on your purchases:When purchasing the majority of...
Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes, but many who should overlook this step. The Internal Revenue Service today urged those who...
Payroll administration is typically one of the most challenging, tiresome, and time-consuming business tasks for small business owners—but it’s also one of the most important ones! What does the...