Accounting Highland Park

As 2023 winds down, making time for year-end tax planning time now may prove beneficial to your business come tax-filing time next year.

Concerned about your 2023 tax liability? Here are a few tax planning strategies that can have a positive impact on reducing your tax burden for this year.

Due to legislation affecting the age taxpayers must start taking required minimum distributions (RMDs) from retirement funds, the IRS has offered transitional relief.

IRS continues to warn businesses to beware of ERC scams, despite the claims you may hear on the tv, in the mail, phone or email.

If you do business with virtual currency, it’s time to bone up on related tax requirements. The IRS is paying closer attention.

President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, with a financial crisis averted, let’s take a look at the highlights.

Amid IRS warnings to taxpayers not to fall for schemes, employers may still qualify for the employee retention credit and have time to file their Form 941X.

The IRS unveils its strategic operating plan detailing how the agency will spend the $80 billion in agency funding it was allocated over 10 years.

Wardy & Davis has been recognized as one of Accounting Today’s 2023 Regional Leaders in the Great lakes for the seventh consecutive year.