Employers, including small businesses, that provide paid family and medical leave to their employees may be eligible for an employer tax credit. Several enhancements have been made to this credit under the Working Families Tax Cuts. Here’s an overview of the employer...
taxes
Treasury, IRS issue proposed regulations on employer contributions to Trump Accounts under the Working Families Tax Cut
The Department of the Treasury and the Internal Revenue Service issued proposed regulations providing guidance to employers that choose to make contributions to Trump Accounts for employees or their dependents. The proposed regulations also clarify nondiscrimination...
Keep an eye out for common charitable contributions scams
Scammers have been known to take advantage of people’s kindness and generosity. Whether it’s creating a fake charity or encouraging the use of inaccurate estimates for donated property, taxpayers should be aware and proceed with caution. Let’s explore these common...


