New Tax Season, Same Tax Backlog: What You Need to Know
Another tax filing season is upon us! The Internal Revenue Service began accepting and processing 2021 returns on Monday, January 24, 2022.
Another tax filing season is upon us! The Internal Revenue Service began accepting and processing 2021 returns on Monday, January 24, 2022.
According to a report issued by the Treasury Inspector General on September 2, 2021 – the IRS had a backlog of nearly 8 million paper business tax returns in 2020 due to COVID-19 pandemic.
The IRS is continuously adding and modifying regulations and guidance for taxpayers. One such updated legislation was a temporary, 100% deduction for business meal expenses. As part of the [...]
With the IRS backlog of tax returns more than tripled over last year, many Americans are still waiting for their 2020 tax refunds. So, what can you do now to avoid waiting for your refund after [...]
Serving New Hampshire’s small-to-medium sized businesses since 1973. Leone, McDonnell & Roberts, Professional Association, is proud to have many long-standing clients. We attribute this to recognizing that sometimes it’s not what you say, but what you hear.