Home » Posts tagged "IRS"

Tag Archives: IRS

Alert: ACA Deadline For Reporting To Employees Extended

The IRS has again extended the deadline for employers subject to the Affordable Care Act’s (ACA’s) information reporting requirements to meet their obligations to employees. Last year, the IRS extended the 2016 deadlines for reporting 2015 information, giving employers an … Continue reading

Posted in DMLO Report | Tagged , , , , | Leave a comment

Deadline Looms On IRS Penalty Relief For Retirement Plan Returns

Last year, the IRS announced the launch of a one-year temporary pilot program to help small businesses that have failed to timely file certain retirement plan returns. Now the deadline for seeking relief is right around the corner. Small businesses … Continue reading

Posted in DMLO Report, Employee Benefits, Tax Alerts | Tagged , , , , , , , | Leave a comment

Protecting Your Tax-Exempt Status

How to protect your tax-exempt status What would happen if your nonprofit lost its federal tax-exempt status? The thought might send shivers down your spine, and it should. Here are reminders about some of the actions that are required — … Continue reading

Posted in DMLO Report | Tagged , , , , , , , , | Leave a comment

Popular Tax Breaks Extended for 2014

On Dec. 16, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on Dec. 3. President Obama has indicated that he will sign the bill as soon as it reaches his desk. TIPA is the latest “extender” package, a stopgap measure that retroactively extends through Dec. 31, 2014, certain tax relief provisions that expired at the end of 2013. It was drafted after the collapse of negotiations over a bill that would have made some of the provisions permanent, while extending others for two years. Continue reading

Posted in Featured, Firm News, Tax Bites | Tagged , , , , , , , , , , | 2 Comments

IRS announces January 31 start date for 2014 filing season

From IRS.gov: WASHINGTON — The Internal Revenue Service announced plans to open the 2014 filing season on Jan. 31.The new opening date for individuals to file their 2013 tax returns will allow the IRS adequate time to program and test … Continue reading

Posted in Tax Bites | Tagged , , , , , | Leave a comment

KyCPA seeks clarification on Kentucky’s LLET statute

From KyCPA.org: KyCPA testifies on LLET during legislative committee hearing Kentucky Society of CPAs President Harry Freibert, KyCPA Government Affairs Director Charles George, and businesswoman Vivian Stobaugh, CPA, testified at the Interim Appropriations and Revenue Committee hearing in Frankfort recently … Continue reading

Posted in Tax Bites | Tagged , , , , , , , | Leave a comment

IRS Announces 2014 Inflation Adjustments

The Internal Revenue Service recently announced annual inflation adjustments for tax year 2014 for more than 40 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2013-35 provides details about these annual adjustments. The tax items … Continue reading

Posted in Tax Bites | Tagged , , , , | Leave a comment

Copyright © 2017 DMLO. All Rights Reserved. | 9300 Shelbyville Road, Suite 1100, Louisville, KY 40222