JD Supra

Navigating the Shift from FIRE to IRIS – IRS Changes for Forms 1098, 1099 and other Information Return Filers

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

4 Moves to Make By Year-End to Get Tax-Free Student Loan Forgiveness

Learn the key steps to take before December 31 to qualify for tax-free student loan forgiveness—and avoid missing out on ...
The Tax Adviser

R&D tax credits: A new era of disclosure and documentation

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

How Savings Account Interest Is Taxed and What You Need to Know

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

What to Expect During the Mortgage Underwriting Process

After you submit your mortgage application, the lender will begin the underwriting process to decide whether they'll approve or deny the loan. You can expect the underwriting process to take anywhere ...

A new overtime wage tax deduction may be helpful, but it’s also creating headaches

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...