


Federal Tax Credits Available for Purchase of EVs
The automotive industry continues to move toward expanding offerings to include electric vehicles (EVs) options. Many automakers, including GM, have committed to offering EV versions of popular car and truck models. Meanwhile, Ford has already started implementing...
Tax News Update – 2023
Tax-News-Update-2023
Form 1099-K Updates for 2023
In a reversal from earlier guidance, the IRS recently announced a delay in the lower $600 reporting threshold for Form 1099-K for the 2022 tax year. Under prior regulations, businesses would have been required to report payments from third-party settlement...
Employer Provisions in the SECURE Act 2.0
On December 29th, President Biden signed the Consolidated Appropriations Act of 2023. Although primarily a spending bill that funds the federal government for the year, it did include important retirement plan reforms. The Securing a Strong Retirement Act of 2021,...