6 days ago2 minIRS Form W-9 Revision Adds New Reporting Line on Foreign Partners and BeneficiariesThe IRS in March released a final 2024 revision of Form W-9, “Request for Taxpayer Identification Number and Certification,” as well as...
Apr 54 minRevisiting Eligibility for Small Business Taxpayer Exemptions“An exemption from UNICAP? And no limitation on the amount of business interest expense I can deduct? Sign me up!” Many taxpayers (and...
Mar 213 minU.S. House Passes Bipartisan Tax Bill to Provide Business Tax Breaks, Extend Child Tax Credit EnhancementsThe U.S. House of Representatives on January 31 passed the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a vote...