by Ledger General | Aug 11, 2021 | Tax Tips and News
The third installment of the Security Summit’s 2021 “Protect Yourself; Protect Your Client” campaign highlights recent scams targeting unemployment compensation. As part of a five-week focus on identity theft prevention, the Summit is once again asking tax...
by Ledger General | Aug 10, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service aims to help employers better understand the employee retention credit—and how they can qualify for it. The new guidance spotlights employers who pay qualified wages after June 30 of this year and before Jan. 1 of 2022....
by Ledger General | Aug 6, 2021 | Tax Tips and News
Long-haul truckers now have an extra chore on their August to-do list, right up there with an oil change and a truck wash. It’s time to file Form 2290, Heavy Highway Vehicle Use Tax Return for Tax Year 2021. Form 2290 is required of those who have registered—or who...
by Ledger General | Aug 5, 2021 | Tax Tips and News
The Internal Revenue Service has updated its guidance on expanded paid sick and family leave tax credits available to employers who provide the leave to their workers. Put in place by the American Rescue Plan Act of 2021, also known as ARP, the credits permit...
by Ledger General | Aug 5, 2021 | Tax Tips and News
Some IRS forms are considered “file and forget” documents, meaning once filed they normally don’t require any additional attention. The Internal Revenue Service, though, is reminding that the application for an Employer Identification Number (EIN) isn’t one of them....