Breaking down the Tax Relief for American Families and Workers Act of 2024
Key provisions and tax implications of the Tax Relief for American Families and Workers Act of 2024, including what's next for the legislation.
Read NowLatest Insights Tax & Accounting
-
ArticleComplianceTax & AccountingJuly 23, 2024Tax relief for victims of Texas affected by Hurricane Beryl: IRA and HSA deadlines postponedDue to destruction caused by Hurricane Beryl that took place in parts of Texas beginning July 5, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.
-
ArticleTax & AccountingJuly 18, 2024How to become a tax preparer - the complete guideFor individuals that have decided to become a tax preparer, there are many decisions to be made that will determine one's success. This article helps with that decision making journey.
-
ArticleComplianceTax & AccountingJuly 11, 2024Tax relief for victims of West Virginia severe storms, flooding, landslides, and mudslides: IRA and HSA deadlines postponedDue to destruction caused by severe storms that took place in parts of West Virginia beginning April 11, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.
-
ArticleComplianceTax & AccountingJuly 03, 2024Tax relief for victims of New Mexico wildfires and flooding: IRA and HSA deadlines postponedDue to destruction caused by wildfires and flooding that took place in parts of New Mexico beginning June 17, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.
-
ArticleComplianceTax & AccountingJuly 03, 2024Tax relief for victims of Iowa severe storms, flooding, straight-line winds, and tornadoes: IRA and HSA deadlines postponedDue to destruction caused by severe storms and flooding that took place in parts of Iowa beginning June 16, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.
-
ArticleComplianceTax & AccountingJuly 03, 2024Tax relief for victims of Mississippi severe storms, straight-line winds, tornadoes, and flooding: IRA and HSA deadlines postponedDue to destruction caused by severe storms and flooding that took place in parts of Mississippi beginning April 8, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.
-
ArticleTax & AccountingJuly 03, 2024Understanding IRS Direct File and what it means for tax pros and consumersExplore the IRS Direct File program’s impact on taxpayers and tax professionals and how to navigate the pilot becoming permanent, as the Internal Revenue Service pursues simplifying filing individual tax returns 1040 and 1040R with IRS Direct File.
-
ArticleComplianceTax & AccountingJuly 02, 2024Tax relief for victims of Florida severe storms, straight-line winds, and tornadoes: IRA and HSA deadlines postponedDue to destruction caused by severe storms and tornadoes that took place in parts of Florida beginning May 10, 2024, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended.