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Latest articles
IRS Announces Higher Estate and Gift Tax Exemptions for 2022
The IRS has released its annual inflation adjustments for tax year 2022, which will affect provisions regarding estate and gift taxes. The new exclusion amounts will come into effect on January 1, 2022, for use by taxpayers when they prepare their 2022 federal tax returns
IRS Extends 2021 Tax Filing Deadline for Kentucky Tornado Victims
The Internal Revenue Service said that victims of this weekend's storms in Kentucky will have the last date to file taxes for 2021 on May 16, 2022, to file various individual and corporate tax forms and make tax payments.
A massive, long-tracked tornado struck Western Kentucky on December 10, 2021, causing serious to catastrophic da
Employers encouraged to certify employees for Work Opportunity Tax Credit
The Internal Revenue Service (IRS) has recently issued a reminder to employers about the significance of certifying their employees before claiming the Work Opportunity Tax Credit (WOTC).
This tax credit
