Tax Law

Partnership and Corporate Filing Due Dates

Beginning with the 2017 tax filing season (2016 tax returns) there are several changes to the original and extended due dates as a result...

De Minimis Safe Harbor Threshold Increased to $2,500

On November 24th the IRS issued Notice 2015-82 announcing an increase in the deductible amount for purchases of tangible property for...

Refund Verification

The Internal Revenue Service (“IRS”) is attempting to pre-verify tax refunds before they are issued. Taxpayers are being notified of this...

Tax Return Filing Delays

It is no secret that taxing authorities are encouraging or requiring taxpayers to participate in electronic filing of their tax returns....

The American Taxpayer Relief Act of 2012

The American Taxpayer Relief Act of 2012 was passed by Congress and signed by the President on January 2, 2013. This new tax law impacts...

The Corrected 1099-B

Posted by Halverson & Company | 0 Comments » The Internal Revenue Service (“IRS”) now requires additional reporting related to the sale...