The IRS postmark rule determines whether a tax return is considered filed on time based on the date it is mailed rather than the date it is received. A postmark is an official USPS mark that cancels the stamp and indicates when the Postal Service received the envelope. Understanding how the IRS postmark rule works is essential for avoiding late-filing penalties and protecting your compliance with tax deadlines.
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As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs, and values. But if you're one of the many employers expanding their benefits, how do you pay taxes on your new programs?
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Before hiring employees, opening business bank accounts, or filing certain tax returns, you may need an Employer Identification Number (EIN). Understanding when it’s required can help you avoid costly compliance issues.
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Many taxpayers lose valuable charitable deductions each year because they don’t meet IRS documentation requirements. Understanding the charitable contribution written acknowledgment rules is essential before filing your return.
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Welcome to the October Tax & Accounting Edition of the Siepert Newsletter!
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Welcome to the September Audit & Financial Statement Edition of the Siepert Newsletter!
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Welcome to the August Tax & Accounting Edition of the Siepert Newsletter!
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Welcome to the July Audit & Financial Statement Edition of the Siepert Newsletter!
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Welcome to the June Tax & Accounting Edition of the Siepert Newsletter!
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Welcome to the June Audit & Financial Statement Edition of the Siepert Newsletter!
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