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DO YOU USE NONCOMPETE CONTRACTS WITH YOUR STAFF?
The Federal Trade Commission has banned employers from using noncompete contracts to prevent most workers from joining rival firms.

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NATIONAL SMALL BUSINESS WEEK:
The IRS joins the Small Business Administration in support of National Small Business WeekApril 28 - May 4, 2024.

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PTIN ENROLLMENT BY THE NUMBERS:
At a recent meeting with Kimberly Rogers, Director of the Return Preparer Office (RPO), she released the following numbers from the 2023 PTIN renewals:

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ICYMI:TDS AUTHORIZATION CHANGE
As part of the IRS’ effort to continue combatting identity theft and protecting taxpayers’ personal information, we’re making changes that will impact how tax professionals receive transcripts.

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ENERGY EFFICIENT HOME IMPROVEMENT AND RESIDENTIAL CLEAN ENERGY PROPERTY CREDITS FREQUENTLY ASKED QUESTIONS UPDATED:
The Internal Revenue Service has updated frequently asked questions in Fact Sheet 2024-15 to addresses the federal income tax treatment

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2023 DATA BOOK RELEASED BY IRS:
The annual Data Book, issued by the IRS details the agency’s activities during fiscal year 2023 (October.

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UNDERSTANDING YOUR IRS NOTICE OR LETTER:
Have your clients sent you a notice they received and you were unable to determine the problem?

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RMD RELIEF EXTENDED FOR ONE MORE YEAR:
The Service has issued Notice 2024-35 which provides relief with respect to certain required minimum distributions (RMDs) that are not ma

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