Finance · 07/24/2025

US retail sales data, published monthly by the Census Bureau, assesses consumer demand and significantly impacts GDP. The data includes both brick-and-mortar and online stores and is influenced by seasonal factors. Healthy figures indicate economic expansion, while declining numbers suggest contraction, earning the moniker 'horrible data.' Recently, sales have shown a continuous decline, prompting the market to closely monitor relevant indices to evaluate economic prospects.

Taxation · 07/28/2025

This article examines tax reform, particularly the impact of the Tax Cuts and Jobs Act on individuals and family finances. It provides key tax resources and best practices from the IRS to help taxpayers effectively navigate tax changes and enhance their financial management skills, allowing them to take the initiative in the new tax season.

Taxation · 07/25/2025

How are businesses adapting to the IRS's new regulations on electronic alternatives for the W-4 form in 2022? This article provides a detailed analysis of the requirements for successfully implementing electronic W-4s, including content consistency, timelines, and information security, offering practical guidelines and strategies for businesses.

Taxation · 08/13/2025

The IRS has announced tax relief for Georgia taxpayers affected by Hurricane Idalia, including extended deadlines to alleviate financial pressure. Disaster victims can apply for relevant assistance measures.

Taxation · 02/27/2025

The IRS recently improved personal online accounts by adding information reporting forms like W-2 and 1095-A, aimed at enhancing taxpayer convenience during tax filing. By consolidating tax information on a single platform, taxpayers can more easily access and manage crucial details. This update reflects the IRS's ongoing commitment to modernizing tax management, with plans to add more documents in the future to further facilitate tax services.

Taxation · 06/12/2025

The IRS recently issued Notice 33, expanding and modifying relief measures for information reporting by digital asset brokers. The notice includes relief from backup withholding tax liabilities and related penalties for transactions in 2026 and 2027. These measures aim to assist brokers in complying with new reporting requirements, especially concerning their customers' digital asset transactions, enhancing compliance and reducing burdens.

Taxation · 07/25/2025

This article provides a detailed interpretation of Section 4 of the Taxpayer Bill of Rights, highlighting the fundamental rights of taxpayers in their interactions with the IRS. It covers the rights to challenge tax decisions, the appeals process, and anti-discrimination protections, assisting taxpayers in better safeguarding their legal rights.

Taxation · 02/27/2025

The IRS announced the addition of W-2 and 1095-A forms in personal online accounts, streamlining the process for taxpayers to access their tax information. The agency will continue to enhance account features in the future to provide more efficient services for taxpayers.

Taxation · 02/27/2025

The IRS recently announced the addition of W-2 and 1095-A tax forms to personal online accounts. This initiative aims to consolidate key tax information, enhance the convenience of taxpayer management, and expedite the tax filing process.

Taxation · 07/25/2025

The IRS has announced the addition of W-2 and 1095-A forms to individual online accounts, simplifying the process for taxpayers to view and manage their tax information. This change aims to enhance tax efficiency and promote the modernization of digital services. Taxpayers can visit IRS.gov to access their online accounts for a broader range of tax features and information.

Taxation · 07/23/2025

The IRS has launched a free tax filing program that offers eligible taxpayers a quick, secure, and free online filing service. This initiative collaborates with multiple tax software companies, allowing users with an annual income below $84,000 to easily complete their tax returns while protecting personal information and enhancing filing efficiency.

Taxation · 07/23/2025

This article discusses how to effectively utilize the local IRS Taxpayer Assistance Centers for tax help, emphasizing the importance of making appointments, the necessary documents to bring, and the online services available. It aims to assist taxpayers in managing their tax issues more efficiently.

Apartment Rental · 07/21/2025

This article examines the regulations and application requirements for short-term rentals in Los Angeles, highlighting the differences in short-term rental management across various cities. The new regulations in Los Angeles stipulate that only "primary residents" can rent out their properties and restrict the number of rental days. It compares specific policies for coastal areas, inland cities, and certain communities, analyzing the impact of short-term rentals on housing prices and the rental market.

Taxation · 07/23/2025

Recent regulations clarify how payments made by businesses participating in state and local tax credit programs can be deducted as ordinary and necessary business expenses. This ensures a balance between corporate charitable donations and tax planning, supporting legal and compliant tax management.

Taxation · 08/13/2025

This article discusses the IRS policies regarding interest on unpaid and overpaid taxes, explaining the methods of calculating interest and providing recommendations for managing tax obligations, helping taxpayers avoid financial burdens.