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Name, Image, and Likeness (NIL) Income for College Athletes [DOWNLOAD]

Name, Image, and Likeness (NIL) Income for College Athletes [DOWNLOAD]

by Taxing Subjects | Jan 8, 2024 | Tax Tips and News

Name, Image, and Likeness (NIL) income, or income gained from personal brand influence, has opened opportunities for student-athletes in college athle

IRS Announces Penalty Relief for Nearly 5 Million Tax Returns

IRS Announces Penalty Relief for Nearly 5 Million Tax Returns

by Taxing Subjects | Jan 5, 2024 | Tax Tips and News

The IRS has announced new penalty relief totaling around $1 billion to approximately 4.7 million individuals, businesses, and tax-exempt organizations

IRS Updates Flurry of Clean Energy Provisions in Closing Days of 2023

IRS Updates Flurry of Clean Energy Provisions in Closing Days of 2023

by Taxing Subjects | Jan 4, 2024 | Tax Tips and News

The Internal Revenue Service updated and modified guidance surrounding an assortment of clean energy credits and other provisions over the closing day

IRS Delays 2023 Form 1099-K Threshold, Introduces $5,000 for 2024

IRS Delays 2023 Form 1099-K Threshold, Introduces $5,000 for 2024

by Taxing Subjects | Dec 8, 2023 | Tax Tips and News

In a recent announcement, the Internal Revenue Service (IRS) has decided to delay the implementation of the new $600 Form 1099-K reporting threshold f

National Tax Security Week Begins November 27

National Tax Security Week Begins November 27

by Taxing Subjects | Nov 27, 2023 | Tax Tips and News

The IRS and its Security Summit partners from the national tax industry and state tax agencies announced the 8th annual National Tax Security Awarenes

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