Accounting Highland Park

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.

On March 17, 2023, Sens. Maggie Hassan (D-NH) and Todd Young (R-IN) reintroduced the American Innovation and Jobs Act (“The Act”) to expand R&D tax credit.

Bittner v. U.S., the U.S. Supreme Court ruled that the penalty for non-willingly failing to file an FBAR applied on a lower per-report basis, not on a per-account basis