What Info is Needed for the Research Credit?

What Info is Needed for the Research Credit?

Businesses and individuals looking to recoup part of their capital spent on research and experimentation of products and processes now have a clearer roadmap on how to do that. The Internal Revenue Service has unveiled the Chief Counsel memorandum, laying out just...
IRS Highlights Charity Fraud Awareness Week

IRS Highlights Charity Fraud Awareness Week

Criminals pushing phishing scams impersonate a wide range of people and organizations to trick victims out of their private information and money. The seemingly endless flood of charity scams perhaps best demonstrates that there truly is no honor among thieves....
IRS Issues PTIN Renewal Reminder

IRS Issues PTIN Renewal Reminder

It’s that time again: time for federal tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) for the coming year. It’s no time to procrastinate, since 2021 PTINs will expire on Dec. 31. A valid PTIN is required for anyone who prepares—or...