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Beneficial Ownership Information Reporting

Small Businesses | January 25, 2024

The beneficial ownership information (BOI) reporting requirement requires small businesses to report information on the “owner” of an entity beginning in 2024. For more information see BOI https://www.fincen.gov/boi

IRS sets January 23 as official start to 2023 tax filing season

IRS | Tax | Uncategorized | January 18, 2023

IR-2023-05, January 12, 2023 WASHINGTON — The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation’s 2023 tax season when the agency will begin accepting and...

Tax Deadlines

Uncategorized | January 18, 2023

The filing deadline to submit 2022 tax returns or an extension to file and pay tax owed is Tuesday, April 18, 2023, for most taxpayers. By law, Washington, D.C., holidays impact...

Kentucky Tax Deadline

Tax | March 23, 2021

FRANKFORT, Ky. (March 18, 2021) — At the direction of Gov. Andy Beshear, the Kentucky Department of Revenue will extend the 2020 Kentucky individual income tax filing deadline to May 17, 2021. This...

Federal Income Tax Filing Due Date Extended for 2021

IRS | Tax | March 18, 2021

IR-2021-59, March 17, 2021 WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will...

Where’s My Refund?

IRS | Tax | March 17, 2021

The IRS has a tool to help find out the status of your refund.  Click on “Where’s My Refund” portal. The online tool will show the status of your tax refund...

Changes to KY Sales Tax Law

Tax | July 3, 2018

Kentucky has made big changes to the sales tax laws, which will require many additional businesses to start collecting and remitting sales tax, starting July 1, 2018.  If you have any...

Year-End Tax Planning for 2017

Thomson Reuters-Checkpoint | November 21, 2017

This Special Report contains year-end tax planning tips that highlight the opportunities and challenges faced by taxpayers in today’s uncertain legislative environment….. Year-End-Tax-Planning-2017-(Checkpoint)

Going Back to College – Make sure you are taking advantage of your 529 Account

The Kiplinger Tax Letter | August 16, 2017

Funds in 529 accounts can be withdrawn tax-free for off-campus housing (with some limitations). The college student must be enrolled at least half-time. You can’t claim more than the room-and-board allowance...

Payroll Tax Tips

Uncategorized | July 12, 2017

Employers that outsource payroll tax duties remain liable for unpaid taxes, IRS reminds firms.  Even if payroll agents abscond with the employment taxes or fail to make the required deposits or...