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Estimated Tax Payments - Don't Sweat The Small Stuff

(Forbes) - On extended returns we would figure the first quarter estimate and include it with the extension amount with the idea that the refund would be applied. I started puzzling about how that was going to work with the due date moved to May 17. Will 2021 applied refunds be deemed to have been made on May 17?


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Lesson From The Tax Court: Failing Business No Reason To Stop Collection In CDP Hearing 
(TaxProf Blog) - Collection Due Process (CDP) is designed to protect taxpayers from abusive collection actions by the IRS. American Limousines, Inc. v. Commissioner, teaches that CDP does not require the IRS to stop trying to collect from a business just because the business was failing.

Evaluating New Health Plan Designs 
(CFO) - CFOs aware of the advantages and challenges of emerging health plans will be best positioned to meet company and employee needs.

U.S Mortgage Rates Rise for a 6th Consecutive Week 
(Yahoo Finance) - Mortgage rates were on the rise for a 6th consecutive week in the week ending 25th March. Following a 4-basis points rise from the week prior; 30-year fixed rates rose by a further 8 basis points to 3.17%.

IRS Teams with Other Countries to Detect Tax Fraud Among Fintechs 
(Accounting Today) - The Internal Revenue Service’s Criminal Investigation division is partnering with tax authorities abroad to ferret out signs of tax fraud, targeting financial technology companies and cryptocurrency.

My revenue grew 75% - heres how

Years ago, Steven Brewer, CPA saw the shifts taking place in accounting and decided to make changes in his firm to survive. They've grown their accounting revenue by 75% over the past 5 years – without adding more clients. READ HIS CASE STUDY


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