WPVCPA Posts

January 10, 2024

2023 Income-Tax Return Filing

Americans can start filing their 2023 income-tax returns with the Internal Revenue Service on Monday, Jan. 29, 2024, the federal tax collector announced Monday. Monday, April 15, […]

November 13, 2023

Tax season rapidly approaching: Get ready now to file 2023 federal income tax returns in early 2024

With the nation’s tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help “get ready” to […]

November 10, 2023

Employers should certify employees before claiming the Work Opportunity Tax Credit

Employers who hire people from certain groups can reduce the tax they owe when they claim the Work Opportunity Tax Credit on their federal tax return. […]

November 9, 2023

IRS provides tax inflation adjustments for tax year 2024

The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and […]

November 7, 2023

Avoid a surprise next year; review tax withholding now before time runs out

With 2023 rapidly coming to a close, the Internal Revenue Service today encouraged taxpayers to review their tax withholding as soon as possible to avoid a […]

September 28, 2023

Individual retirement accounts can be important tools in retirement planning

It is never too early to begin planning for retirement. Individual retirement accounts provide tax incentives for people to make investments that can provide financial security […]

September 26, 2023

Businesses must electronically file Form 8300 for cash payments over $10,000

Beginning Jan. 1, 2024, businesses that file 10 or more information returns must e-file Form 8300, Report of Cash Payments Over $10,000, instead of filing a […]

September 25, 2023

Reminder: Educational assistance programs can help pay workers’ student loans

Employers that offer educational assistance programs can also use those programs to help pay their employees’ student loans. Read the full article from IRS here: https://www.irs.gov/…/reminder-educational-assistance… […]

September 1, 2023

Labor Day 2023

To our valued clients, please be advised that our office will be closed on September 4th for the Labor Day holiday. Office hours will resume on […]