PSJ Accounting

https://www.cnbc.com/2023/11/21/irs-delays-rule-change-for-1099-k-on-venmo-paypal-business-payments.html

IRS announces new income tax brackets for 2024 The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. Here's what taxpayers need to know.

Provo accounting firm charged in $11M COVID-19 tax fraud scheme A federal grand jury returned an indictment charging two Utah County men and an accounting firm with claiming an excess of $11 million in tax credits through a COVID-related fraud scheme.

More than 60 companies tried a four-day work week and results show why 92% are keeping it More than 60 British companies tried a four-day work week over a six month period and the results show why 92% are going to keep that schedule moving forward.

The offers free and in-person tax help for eligible seniors and retirees. The Tax Counseling for the Elderly program assists taxpayers aged 60 years and older. This program specializes in pensions and retirement-related questions for seniors. Check whether you’re eligible for FREE tax preparation help from IRS-certified volunteers: www.irs.gov/tce

Meat plant cleaning service fined $1.5M for employing over 100 children across US locations Packers Sanitation Services, Inc., was hit with over $1.5 million in fines by the Department of Labor after more than 100 children were found to be working in plants across the country.

Resolve Tax Disputes | USAGov Find help, like a local taxpayer advocate, to resolve your disputes with the IRS and learn about your rights as a taxpayer.

As Zelle fraud cases explode, advocates call on banks to do more to protect consumers Once the money is gone, it’s nearly impossible to get it back.

IRS singles out tax payments 4 states sent last year as taxable Most residents in states that distributed some kind of stimulus payments last year don’t have to report them on their federal returns. But some residents in four states do — largely because of how their states designed these payments.

IRS Confirms Tax Fate of California Middle Class Refunds Millions of Californians worried about paying tax on middle class tax refunds, received in 2022, finally have an answer.

The IRS has issued nearly 8 million tax refunds. Here’s the average payment The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here's the average payment.

Meta employees say 'zero work' getting done as layoffs loom, report Although Mark Zuckerberg has dubbed it the 'year of efficiency' some employees claim that a bunch of people are 'getting paid to do nothing' according to a recent report.