Only us tax geeks get excited that tax season is officially marked open as the Internal Revenue Service starts accepting tax returns! And while this time of year comes with its own set of challenges, the big story for 2022 is that the IRS will face more problems processing refunds
Mark Everson has been all over the news talking about the big story of the impending tax season and the challenges faced when filing due to the IRS’ continued lack of funding and resources.
A provision in the recently enacted infrastructure bill that brought a retroactive early end to the employee retention credit is prompting questions and calls for guidance to help employers claiming the credit.
alliantgroup was named Houston Business Journal’s ‘Best Place to Work’ for 2021! Once again, alliantgroup has been recognized for their commitment to creating a vibrant culture where professionals can collaborate, grow and thrive together. This time, however, alliantgroup came in first place in the large company category.
Former Reps. Rick Lazio, R-New York, and Joe Crowley, D-New York, and former Sens. Heidi Heitkamp, D-North Dakota, and Mike Johanns, R-Nebraska, released an open letter last week expressing bipartisan opposition to proposals to retroactively end the Employee Retention Credit before the end of the fourth quarter of 2021, as well as calling for more education for business owners about the ERC. They all now work for alliantgroup, a tax-consulting firm.
More than a dozen House Democrats are urging their leaders to ensure that family-owned farms and small businesses are exempt from plans to curtail stepped-up basis, a potential preview of legislative fights to come.
Made in America. It seems those three words will define President-elect Joe Biden’s approach to rejuvenating an American economy that continues to be pummeled by the ongoing coronavirus pandemic.
While there are some votes still being counted (and even more being contested) there is enough certainty to provide at least an early bird take on taxes – in both the lame duck session and in the new Congress.
DISCLAIMER: The information contained on this webpage is provided for informational purposes only, and should not be construed as legal or financial advice on any subject matter. You should not act or refrain from acting on the basis of any content included on this webpage without seeking legal or other professional advice.