Articles
- IRS Statement: New Features Put in Place for IRS Online Account Registration; Process Strengthened to Ensure Privacy and Security
February 21, 2022 -The IRS announced today that a new option in the agency’s authentication system is now available for taxpayers to sign up for IRS online accounts without the use of any biometric data, including facial recognition. This... read more
- CPA Evolution Resource Competition
If you have a great original idea for a long or short instructional exercise aligned with the CPA Evolution Model Curriculum (CPA EMC), submit it as an individual or a team to the CPA Evolution Resource Competition by October 31, 2021, and you... read more
- IRS Taxpayer Assistance Centers Open on Special Saturdays for Face-to-Face Help
WASHINGTON – As part of a larger effort to help people during this year's filing season, the Internal Revenue Service today announced special Saturday hours at many Taxpayer Assistance Centers (TACs) across the country. TACs provide... read more
- Funding Innovation in Georgia’s Schools through the Qualified Education Donation Tax Credit
Are you aware of an education tax credit opportunity that could provide your clients with state tax benefits while advancing public education in Georgia? Through the Qualified Education Donation (QED) Tax Credit, your individual and business... read more
- Give Tax Withholding A Fresh Look As 2021 Year-End Nears
The Internal Revenue Service reminds taxpayers today that the last quarter of 2021 is a good time to check withholding. Life brings constant changes to individual financial situations. Events like marriage, divorce, a new child or home purchase... read more
- GSCPA and AICPA Seek Volunteers for CPA Exam Research
The Georgia Society is working with the AICPA to recruit CPAs from all areas of the profession to be a part of a critical phase of CPA Exam practice analysis research . If you’re a CPA or know a CPA who has supervised newly licensed CPAs... read more
- DOL to Conduct Audit Quality Assessment of 2020 Plan Year Filings
The DOL Employee Benefit Security Administration (EBSA) Office of the Chief Accountant (OCA) is planning to conduct a study to assess the quality of audit work performed by independent qualified public accountants (IQPAs) with respect to... read more
- Treasury, IRS Issue Guidance For 2021 On Reporting Qualified Sick And Family Leave Wages
WASHINGTON – The Treasury Department and the Internal Revenue Service today issued Notice 2021-53 , which provides guidance to employers about reporting on Form W-2 the amount of qualified sick and family leave wages paid to employees... read more
- Interest Rates Remain The Same For The Fourth Quarter Of 2021
WASHINGTON – The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2021. The rates will be: 3% for overpayments [2% in the case of a corporation]; 0.5 % for the... read more