by GCK Legal | Feb 11, 2019 | News
Review payment options for your clients in this YouTube video, Easy Ways to Pay My IRS Taxes. Watch other videos on the IRS’s YouTube Channel.
by GCK Legal | Feb 11, 2019 | News
The IRS’s Whistleblower Office collected over $1.44 billion and awarded 217 whistleblowers $312 million in fiscal year 2018. The 2018 Whistleblower Program Annual Report to Congress is available on IRS.gov.
by GCK Legal | Feb 11, 2019 | News
The Treasury Department and the IRS issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction). The new QBI deduction, created by the 2017 Tax Cuts and Jobs Act (TCJA) allows...
by GCK Legal | Feb 11, 2019 | News
The IRS successfully opened the 2019 tax-filing season this week and has started accepting and processing federal tax returns for tax year 2018. The first refunds are expected to go out the first week of February. Your clients can check Where’s My Refund? for updates....
by GCK Legal | Feb 11, 2019 | News
As IRS resumes operations following the recent government shutdown, tax professionals may have questions about exam and collection activities. Audits. If you have questions about your clients’ examinations affected by the shutdown, please review the Exam Resumption...
by GCK Legal | Feb 11, 2019 | News
The IRS issued guidance this week on excess business loss limitations and net operating losses (NOL) following law changes in the TCJA. The TCJA modified existing tax law on excess business losses by limiting losses from all types of business for noncorporate...
