INSIGHT ARTICLE

Tax planning considerations for businesses and individuals approaching the end of 2022.

IRS releases inflation adjustments for 2023. Inflation adjustments impact individual tax brackets and other various provisions of the Code.

When establishing a retirement plan, be sure to avoid common missteps when setting up your company’s retirement plan.

Tax changes in the Inflation Reduction Act could affect middle market businesses despite targeting large corporations and high-income individuals.

IRS will automatically waive or abate failure to file penalties for some returns when filed by Sept. 30, 2022. IRS will also waive or not apply penalties for 2019 and 2020 information returns.

The IRS provides some relief amid rising gas prices with an optional increase to the standard mileage rate for business travel.

The tax policy landscape in Washington remains unsettled as we approach the summer months, while inflation remains the dominant economic issue. Within the context, we look at what's currently on the legislative agenda for Congress.

The Green Book highlights and key takeaways from the Administration’s proposals on tax enforcement for FY 2023.

Important information for management and audit committees responsible for implementing, or overseeing implementation of, ASC 326.

The Taxpayer Advocate Service highlighted 10 major IRS problems affecting taxpayers and made several recommendations to mitigate the issues.

Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.

Bipartisan infrastructure bill passes House with bipartisan vote. President Biden expected to sign by end of next week.