Beneficial Ownership Information Reporting

The new Beneficial Ownership Information Reporting requirement went into effect for any NEWLY formed entity on or after January 1, 2024.  For EXISTING entities formed prior to 1/1/24, you will have until 1/1/25 to start reporting. The reporting information is basic...

Important Pay-Related News

   Slater & Rutherford offers a broad range of professional accounting, tax, and audit services to individuals and businesses throughout Yavapai County and Northern Arizona.   With over 40 years combined certified public accounting experience, we specialize in...

Issue Number: IR-2023-169: To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros, aggressive marketing to ineligible applicants highlights unacceptable risk to businesses and the tax system

Moratorium on processing of new claims through year’s end will allow IRS to add more safeguards to prevent future abuse, protect businesses from predatory tactics; IRS working with Justice Department to pursue fraud fueled by aggressive marketing WASHINGTON – Amid...