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Category: General

For private corporations and their employees, IRS provides initial guidance on new tax benefit for stock options and restricted stock units

December 10, 2018 Business , General , Tax Tips

IR-2018-246, December 7, 2018 WASHINGTON — The Internal Revenue Service today issued Notice 2018-97 offering guidance on a recent tax law change that allows qualified employees of privately-held corporations to […]

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Security Summit warns employers: Be alert to identity theft and W-2 scams

December 6, 2018 Business , General , Tax Tips

IR-2018-243, December 6, 2018 WASHINGTON – As the 2019 tax season approaches, the IRS, state tax agencies and the nation’s tax industry joined together to warn small businesses to be […]

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Security Summit Partners highlight new password guidance, urge taxpayers and practitioners to protect all accounts

December 5, 2018 Business , General , Tax Tips

IR-2018-241, December 4, 2018 WASHINGTON — To help protect against cybercriminals stealing identities, the IRS, state tax agencies and the nation’s tax industry urged people to review new, stronger standards […]

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IRS reminds those with disabilities of new ABLE account benefits

December 4, 2018 Business , General , Tax Tips

IR-2018-239, December 4, 2018 WASHINGTON — The Internal Revenue Service wants to remind those with disabilities that the Tax Cuts and Jobs Act (2017) made major changes to Achieving a […]

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IRS, Security Summit Partners warn public: It’s shopping season for identity thieves, too; Tax Security Awareness Week offers tips

December 3, 2018 Business , General , Tax Tips

IR-2018-238, December 3, 2018 WASHINGTON ― With the holiday shopping season in full swing, the Internal Revenue Service and Security Summit partners warn taxpayers to take extra steps to protect […]

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Proposed hardship withdrawal regulations include relief for disaster victims: Retirement plans can now make loans, hardship distributions to victims of Hurricanes Michael and Florence

November 30, 2018 Business , General , Tax Tips

IR-2018-236, November 29, 2018 WASHINGTON — The Internal Revenue Service recently announced that 401(k) plans and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane […]

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Get Ready for Taxes: Many options available for preparing a 2018 tax return

November 28, 2018 Business , General , Tax Tips

IR-2018-234, November 28, 2018 WASHINGTON — The Internal Revenue Service is advising taxpayers that now is a good time to decide how to prepare and file their 2018 tax return. […]

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Get Ready for Taxes: Safekeeping tax records helps for future filing, amended returns, audits

November 27, 2018 Business , General , Tax Tips

IR-2018-232, November 26, 2018 WASHINGTON — With the tax filing season quickly approaching, the Internal Revenue Service wants taxpayers to understand how long to keep tax returns and other documents. […]

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Security Summit plans National Tax Security Awareness Week, Dec. 3-7; New Twitter handle launched, ‘Dark Web’ webinar planned

November 20, 2018 Business , General , Tax Tips

IR-2018-228, November 20, 2018 WASHINGTON – With the approach of the holidays and the upcoming tax season, the Internal Revenue Service, state tax agencies and the nation’s tax industry will […]

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IRS provides tax inflation adjustments for tax year 2019

November 16, 2018 Business , General , Tax Tips

IR-2018-222, November 15, 2018 WASHINGTON — The Internal Revenue Service today announced the tax year 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules […]

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Ayoub Sidhum CPA firm is a full service Corona CPA firm and Riverside CPA firm that provides a wide variety of accounting, tax and financial management services. Our clients are located in Corona, Riverside, Pomona, Fontana, Chino Hills, Chino, Yorba Linda, Norco, Mira Loma, Irvine, Tustin, Dana Point, Mission Viejo, Torrance, Los Angeles and more. We service clients in Riverside County, San Bernardino County, Orange County and Los Angeles County.

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