WXC Corporation Doral Miami
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IRS reminds tax-exempt organizations of annual May filing deadline

WASHINGTON — The Internal Revenue Service today reminded thousands of tax-exempt organizations of their May 15, 2023, filing deadline. The annual filing due date for certain returns filed by tax-exempt organizations is normally…
WXC Corporation Doral Miami
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Missed the April 18 filing deadline? File now to limit penalties and interest

WASHINGTON — The Internal Revenue Service today urged taxpayers who missed Tuesday's April 18 tax-filing deadline to file as soon as possible. Taxpayers who owe and missed the deadline without requesting an extension should file quickly to…
WXC Corporation Miami Doral
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IRS and Treasury issue final regulations on e-file for businesses

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued final regulations amending the rules for filing returns and other documents electronically (e-file). These regulations will require certain…
WXC Corporation Doral Miami
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Employer January 31 wage statement deadline almost here

WASHINGTON — The Internal Revenue Service today urged employers to be aware of the January deadline to file Forms W-2 and other wage statements. Filing these documents timely prevents late-filing penalties for employers, helps…

NEW OFFICE HOURS DURING DECEMBER 2022

We have some important news to share with you regarding a change of schedule for the month of December. During the month of December, we will maintain slightly different office hours. The office will be open Monday-Thursday from 7:30 a.m. to…
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Get Ready now to file your 2022 federal income tax return

WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take simple steps before the end of the year to make filing their 2022 federal tax return easier. With a little advance preparation, a preview of tax changes and convenient…
WXC Corporation Doral Miami
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IRS updates Information on tax credit helping businesses to hire certain categories of workers

WASHINGTON — The IRS today updated information on the Work Opportunity Tax Credit (WOTC), available to employers that hire designated categories of workers who face significant barriers to employment. For employers facing a tight job market,…
WXC Corporation Miami Doral
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IRS reminds penalty relief related to Employee Retention Credit

WASHINGTON — The Department of the Treasury and the Internal Revenue Service have received requests from taxpayers and their advisors for relief from penalties arising when additional income tax is owed because the deduction for qualified…
WXC Corporation Doral
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A 2021 Year-End Checklist for Small Business

Now that it’s officially in the 4th quarter of 2021, your clients will likely seek your advice about what needs to be accomplished before year-end. Accounting tasks aside, you can help guide them to wrap up their businesses’ compliance and…