Tax School Blog

Practical tax insights for working tax professionals.
Written by tax professionals for CPAs, EAs, and tax preparers.

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Employee vs. Independent Contractor: DOL Issues New Guidance

Is the worker performing services for a business considered an independent contractor or an employee? Misclassifying employees as independent contractors is a crucial issue that poses significant costs to workers…

BOI Reporting Requirements Enforced For Most Despite Constitutional Challenge

Discover how a federal court ruling has put a hold on the Corporate Transparency Act\’s beneficial ownership reporting requirements, impacting over 65,000 businesses. Uncover the constitutional challenge and potential implications for businesses and FinCEN enforcement.

Countdown to ERC Compliance: Voluntary Disclosure Program Deadline March 22

Time is ticking! March 22 marks the crucial deadline for ERC Compliance. Dive into our latest blog, a reprint of IRS Tax Tip reprint (2024-09, Feb. 20, 2024) about this upcoming deadline to participate in the ERC voluntary disclosure program.

S Corp & Partnership Tax Filing Deadlines March 15

A reminder about tax filing deadlines coming up March 15 for S corporations and partnerships, and how to file for extensions if needed.

How to Correct Rejected E-filed Tax Returns

This article summarizes recent IRS guidance for tax practitioners when correcting e-filed returns that have been rejected. It focuses on specific steps to take, guidance on contacting the IRS e-help desk, and it addresses distinctions in handling rejections for business versus individual returns. It also offers insights into specific rules for dealing with e-filed extension rejections.

IRS Enhances Clean Vehicle Credit Information with Updated FAQs

Explore the 2024 IRS Clean Vehicle Credit updates through enhanced FAQs, simplifying the process for claiming electric vehicle credits.