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Tax Season to Start January 29, 2024

CPA Practice

The IRS has announced that it will start accepting and processing tax returns on Monday, Jan. million individual tax returns to be filed by the April 15, 2024, tax deadline. Although the IRS will not officially begin accepting and processing tax returns until Jan. The agency expects more than 128.7

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IRS Starts Accepting Returns and Extends Hours at Tax Assistance Centers

CPA Practice

The Internal Revenue Service opened the 2024 tax season on January 29, 2024, accepting and processing federal individual tax returns, and announcing that it expects more than 146 million individual tax returns for 2023 to be filed this filing season. Online Account. The Where’s My Refund?

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2022 Outlook for Potential FUTA Credit Reduction States

ThomsonReuters

If these loans are not repaid within a certain amount of time, the Federal Unemployment Tax Act (FUTA) tax rate credit that most employers enjoy begins to be reduced. FUTA tax credit. The FUTA tax rate is currently 6.0% tax jurisdiction with an outstanding federal unemployment loan balance. FUTA credit reduction.

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Monday Morning Accounting News Brief: Watch That Utilization; PwC CEO Doesn’t Know His Own Salary | 2.19.24

Going Concern

Civilians who sauntered up to the office on April 10th expecting to get their taxes done? A construction and real estate company headquartered in Barangaroo (man, that’s a fun word) called Lendlease has disclosed a potential tax liability with PwC at the middle of the bad advice. It’s very curious. Think of the clients!

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