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On April 18, 2019, the IRS released IR-2019-77, announcing a multi-year plan to modernize and update the entity’s IT systems. According to the IRS statement, the drivers for these changes are grounded ... Read
The IRS has just released information that tax preparers and accountants can share with their clients regarding tax payment options. Read more below. As the 2019 tax filing season gets into full swing, ... Read
During National Tax Security Awareness Week, be sure to take note of this information provided by the IRS. Be sure to share it with your clients, too. IRS, state tax agencies and the nation’s tax industry ... Read
See IRS Tax Topic 901. ------------------------------ Jack Franklin EA, ATA, ATP, RTRP jfrank001@bellsouth.net Franklin Accounting, Inc. (Est 1969) Conyers GA (770) 922-1166 ext 104 ------------------------------
The gain will be recognized and taxed when sold. ------------------------------ Jack Franklin EA, ATA, ATP, RTRP jfrank001@bellsouth.net Franklin Accounting, Inc. (Est 1969) Conyers GA (770) 922-1166 ext 104 ------------------------------
It does make sense, but in this case, expense it. ------------------------------ Jack Franklin EA, ATA, ATP, RTRP jfrank001@bellsouth.net Franklin Accounting, Inc. (Est 1969) Conyers GA (770) 922-1166 ext 104 ------------------------------
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