Tax & Current Accounting Topics

More California wildfire relief from IRS: Sept. 15, Oct. 15 deadlines, other dates further extended to Jan. 3 for certain areas https://www.irs.gov/newsroom/more-cal...

 https://accountinginstruction.info/

Wildfire victims in parts of California now have until January 3, 2022,

IRS provides guidance on per diem rates and the temporary 100% deduction for food or beverages from restaurants https://www.irs.gov/newsroom/irs-prov... 

https://accountinginstruction.info/

The Internal Revenue Service today issued Notice 2021-63 PDF to make clear how the temporary 100% business deduction for food or beverages from restaurants applies to taxpayers 

Tax Tip Why it’s important that taxpayers know and understand their correct filing status

 https://www.irs.gov/newsroom/why-its-... 

https://accountinginstruction.info/

As taxpayers get ready for the upcoming filing season, It's important for them to know their correct filing status.

IRS: Families will soon receive November advance Child Tax Credit payments; time running out to sign up online to get an advance payment in December

 https://www.irs.gov/newsroom/irs-fami...

 https://accountinginstruction.info/

The Internal Revenue Service and the Treasury Department announced today that millions of American families will soon receive their advance Child Tax Credit (CTC) payment for the month of November.

IRS announces new online tool to help U.S. withholding agents validate their 1042-S data prior to filing 

https://www.irs.gov/newsroom/irs-anno... 

https://accountinginstruction.info/

The Internal Revenue Service today launched a new online tool designed to help U.S. withholding agents comply with their reporting and withholding responsibilities

2 4 6 8 May My Home Appreciate

The IRS Is Pissing Me Off 

https://accountinginstruction.info/

Families can now report income changes using the Child Tax Credit Update Portal.

International Accounting Day November 10, 2021

IRS provides tax inflation adjustments for tax year 2022 

https://www.irs.gov/newsroom/irs-prov... 

https://accountinginstruction.info/

The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.