Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Joe Tax & Business Solutions
IRS Delays 2023 Form 1099-K Threshold, Introduces $5,000 for 2024
In a recent announcement, the Internal Revenue Service (IRS) has decided to delay the implementation of the new $600 Form 1099-K reporting threshold f
National Tax Security Week Begins November 27
The IRS and its Security Summit partners from the national tax industry and state tax agencies announced the 8th annual National Tax Security Awarenes
Time Running Out to File for Recovery Rebate Credit
The window for claiming a pandemic-driven tax credit is still open to taxpayers who didn’t take advantage of it during the main Covid outbreak. But
Retirement Contribution Amounts Increased for 2024
The Internal Revenue Service has passed along an early Christmas present of sorts to many taxpayers by increasing the maximum contribution amounts for
Understanding the New IRS E-Filing Requirements for Forms W-2
As we prepare for the 2024 tax season, the IRS is also updating regulations for tax forms and filing requirements. One such regulation establishes a n
The IRS Offers a Way Out to Filers Worried About Bogus Employee Retention Credit Claims
The Internal Revenue Service has given small business owners and others who may have unintentionally filed inaccurate claims for the Employee Retentio