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The American Institute of CPAs is seeking additional taxpayer relief following the announcement that the Internal Revenue Service would provide late filing penalty relief for certain […]
Press Release FOR IMMEDIATE RELEASE President Biden Signs Inflation Reduction Act Into Law WASHINGTON D.C.- President Biden, on August 16, 2022, signed the Inflation Reduction Act […]
Beginning July 1, 2022, the California cannabis cultivation tax no longer applies to cannabis or cannabis products entering the commercial market. Cannabis enters the commercial market […]
The IRS has announced that more forms can now be amended electronically. These include people filing corrections to the Form 1040-NR, U.S. Nonresident Alien Income Tax […]