Money Received Through Crowdfunding May be Taxable, FS-2022-20
The IRS stated that a crowdfunding website or its payment processor may be required to report distributions of money raised if the amount distributed meets certain reporting thresholds by filing Form ...
IRS Announces Temporary Change to Procedures for Form 8802
The IRS announced a temporary change in policy with respect to Form 8802, Application for United States Residency Certification, for a two-year period. Effective April 4, 2022, if taxpayers received a...
KS - Senate approves pass-through entity tax, NOL deduction
The Kansas Senate approved amendments to legislation that include proposals to:provide an optional pass-through entity income tax to S corporations and partnerships;allow personal income taxpayers a c...
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