Interest Rates to Remain Same for Second Quarter 2023
By ANGELA LAWRENCE
In mid-February 2023, the IRS announced that interest rates will remain the same for the second quarter of 2023, which begins April 1, 2023.
New Jersey 2023 Tax Law Changes
By Klatzkin Tax Team
In 2023, New Jersey will see major changes in three areas of tax laws.
IRS Announces New Online Filing Portal for Forms 1099
By KLATZKIN TAX TEAM
In late January 2023, the IRS announced the opening of a new online portal where businesses can file Form 1099 series information returns, for free. The new system, called the Information Returns Intake System (IRIS), is available to all businesses but is expected to be particularly useful for small businesses that currently file their information returns by paper.