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1099 Reporting for the Transportation Industry

Learn more about the requirement to send or receive the Form 1099 and exceptions specific to the Transportation Industry.

IRS Updates Guidance for Filing Delinquent International Information Return

Learn more about the updated instructions from the IRS regarding the “Delinquent International Information Return Submission Procedure” (DIIRSP).

Learn How Employer-Provided Autos Can Benefit From IRS Notice 2021-7

Learn more about employer-provided cars that can benefit from the IRS 2021-7 notice.

Your Exempt Status Has Been Revoked

Learn more about the letters sent by the IRS indicating the revocation of tax-exempt statuses to unexpecting not-for-profit organizations.
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Social Security Tax Deferral and Repayment Explained

Read more about how employers should handle social security tax deferral and repayment options under updated regulation.

The IRS Wants to Verify Your Identity—Wait, Is This a Scam?

Learn more about tax payer identification and whether or not IRS Letter 5071C is legitimate.

IRS Provides Foreign Trust Reporting Requirements

The IRS has provided on its website a summary of reporting requirements for foreign trusts and their U.S. owners. Though these regulations are not new,

IRS Issued Final Regulations on the GILTI High-Tax Exclusion

Are you a U.S. shareholder of a controlled foreign corporation (CFC)? The final regulation on Global Intangible Low-Taxed Income (GILTI) high-tax exclusion
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2020-2021 Special Per Diem Rates

The IRS recently released Notice 2020-71, detailing the new special per diem rates taxpayers use to substantiate necessary business expenses while traveling

Notices for Nonpayment of Income Taxes

Learn more about the notices for nonpayment of income taxes and recent IRS suspension of mailing notices.
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