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IRS announces several key executive changes as agency gears up to implement the Taxpayer First Act

Wednesday, April 14, 2021
The Internal Revenue Service today announced several key leadership appointments as work continues implementing major provisions of the Taxpayer First Act. Doug ..

Tax Time Guide: IRS reminds taxpayers of recent changes to retirement plans

Wednesday, March 17, 2021
WASHINGTON — The Internal Revenue Service today reminded taxpayers about the rules for required minimum distributions (RMDs) from retirement accounts. A retirement plan account owne ..

Low Income Taxpayer Clinic 2021 supplemental application period now open

Monday, March 15, 2021
WASHINGTON — The Internal Revenue Service today announced it will accept applications for an 18-month Low Income Taxpayer Clinic (LITC) matching grant from all qualified organizations.  ..

IRS provides guidance for employers claiming the Employee Retention Credit for 2020, including eligibility rules for PPP borrowers

Tuesday, March 02, 2021
WASHINGTON — The Internal Revenue Service today issued guidance for employers claiming the employee retention credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES  ..

IRS reminds businesses to report large cash transactions; e-file encouraged

Monday, March 01, 2021
WASHINGTON — The Internal Revenue Service today reminds businesses of their responsibility to file Form 8300, Report of Cash Payments Over $10,000 (https://www.irs.gov/businesses/small- ..

IRS reminds farmers and fishers of March 1 tax deadline

Tuesday, February 23, 2021
WASHINGTON — The Internal Revenue Service is reminding those with income from a farming or fishing business that they can avoid making any estimated tax payments by filing and paying th ..

Victims of Texas winter storms get deadline extensions and other tax relief

Tuesday, February 23, 2021
Victims of this month's winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced toda ..

Double-check for missing or incorrect Forms W-2, 1099 before filing taxes

Wednesday, February 10, 2021
WASHINGTON — With some areas seeing mail delays, the Internal Revenue Service reminds taxpayers to double-check to make sure they have all of their tax documents, including Forms W-2 an ..

Beware of "ghost" preparers who don’t sign tax returns

Monday, February 08, 2021
WASHINGTON — The Internal Revenue Service reminds taxpayers to avoid "ghost" tax return preparers whose refusal to sign returns can cause a frightening array of problems. It is importan ..

Educators can now deduct out-of-pocket expenses for COVID-19 protective items

Thursday, February 04, 2021
Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom. COVID-19 protective items include, but are not limited to:  ..
 

Advocates of Love Charity

When you signup with Alliance Tax Solutions, a portion of our proceeds go to support this amazing organization

Advocates of Love is the only children’s home to help orphan and vulnerable children in the Samana Province, Dominican Republic. Founded by Mike Clark in 2013, this charity has provided care and eduction for children in one of the most povery stricken areas.

Click Here to Learn More
 
Alliance Tax Solutions, LLC, Accountant, Atlanta, GA