News

Many parents could toss a key tax-related letter from the IRS relating to child tax credit payments in 2021. ... The IRS issued the first advance payment on July 15, 2021.
A colleague assumed a recent letter in the mail from the tax agency was an audit notice, but it was about the advance child tax credit payments starting July 15.
The signers of the letter support CMS's proposed changes in the Calendar Year 2024 Advance Notice with Proposed Payment Updates for the Medicare Advantage and Part D Prescription Drug Program.
It applies to accrual-method taxpayers that receive advance payments properly includible in income under section 451 in the year received but included for financial reporting purposes in a subsequent ...
On December 31, 2024, the Social Security Administration (SSA) will issue an advance payment to a select group of Social Security beneficiaries. This initiative aims to provide financial support ...
An accrual-method, calendar-year taxpayer (T) receives a $360 payment for monthly subscription services on February 1, 2024 that will last through January 31, 2027 (i.e., a three-year agreement ...
The Financial Affairs office is proposing revisions to the policy on Advanced Payment to Suppliers. The policy updates include reorganized and removed duplicative language for clarity, the removal of ...