Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Livingston Taxes
IRS Clarifies Digital Assets Not the Same as Cash—Yet
In a significant move last week, the Treasury Department and IRS announced that digital assets received by businesses do not follow the same reporting
Meet Drake Pay: an Integrated Payment Processing Solution
Drake Software® is excited to introduce Drake Pay™, a payment integration solution that works seamlessly with Drake’s suite of software products.
IRS Announces Penalty Relief for Nearly 5 Million Tax Returns
The IRS has announced new penalty relief totaling around $1 billion to approximately 4.7 million individuals, businesses, and tax-exempt organizations
IRS Updates Flurry of Clean Energy Provisions in Closing Days of 2023
The Internal Revenue Service updated and modified guidance surrounding an assortment of clean energy credits and other provisions over the closing day
IRS Delays 2023 Form 1099-K Threshold, Introduces $5,000 for 2024
In a recent announcement, the Internal Revenue Service (IRS) has decided to delay the implementation of the new $600 Form 1099-K reporting threshold f
National Tax Security Week Begins November 27
The IRS and its Security Summit partners from the national tax industry and state tax agencies announced the 8th annual National Tax Security Awarenes