by Rupinder | Nov 27, 2019 | Uncategorized
IRS Notice 2019-59, published today, announced changes to dollar limitations applicable to qualified retirement plans as adjusted for cost-of-living adjustments for 2020. Now, employees enrolled in 401(k), 403(b), and the majority of 457 plans may contribute up to...
by Rupinder | Nov 27, 2019 | Uncategorized
On November 27, 2019 the Internal Revenue Service today issued updated guidance for business travelers, including changes resulting from the Tax Cuts and Jobs Act (TCJA). Revenue Procedure 2019-48 updates the rules for using per diem rates to substantiate the amount...
by Rupinder | Nov 1, 2019 | Uncategorized
The IRS would like to remind tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) before they expire on December 31, 2019. “Last year we issued more than 813,000 PTIN’s and are asking tax preparers to renew now to avoid a last-minute rush,”...
by Rupinder | Oct 8, 2019 | Uncategorized
The Gear Up Room Block Closes October 14! Timing is running out to book your room for NSA’s Gear Up 1040! Book your room by October 14th, 2019 and take advantage of the group rate of $124/night! NSA’s Gear Up 1040 is in Hartford, CT on November 14-15, 2019 at...
by Rupinder | Oct 8, 2019 | Uncategorized
On October 7, 2019, the IRS announced that victims of Tropical Storm Imelda in parts of Texas (including the Houston area) have until January 31, 2020 to file various individual and business tax returns and make tax payments. The IRS is offering this relief to any...
by Rupinder | Oct 4, 2019 | Uncategorized
In 2014, the IRS shortened the timeframe in which customer service representatives would answer basic domestic tax law questions to between January and April. This decision was based upon limited resources and declining demand for this type of information, except in...
by Rupinder | Sep 6, 2019 | Uncategorized
NSA has partnered with Dashlane to offer members a significant discount on their monthly Premium service. Dashlane is a simple-to-use password management system that protects you and your passwords when you’re browsing the web. Their product is state-of-the art...
by Rupinder | Aug 14, 2019 | Uncategorized
The US Court of Appeals for the DC Circuit today upheld the IRS Annual Filing Season Program, finding that the IRS had the legislative authority to develop and implement the Program under existing statute. The challenge to the Program was brought by the AICPA, which...
by Rupinder | Jun 5, 2019 | Uncategorized
The National Society of Accountants (NSA) is offering a Live Enrolled Agent (EA) Exam Review Course in Charlotte, North Carolina, August 19-21, 2019. The August EA Exam Review Course covers material pertinent to the Tax Cuts and Jobs Act of 2017 and will prepare...
by Rupinder | Jun 4, 2019 | Uncategorized
The National Society of Accountants (NSA) is pleased to announce that registration for the 74th Annual Meeting — to be held August 21st-24th, 2019 in Charlotte, NC — is now open. The NSA Annual Meeting programming incorporates peer-to-peer networking, free time, a...
