Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Kwang Hoon Park & Co Accountancy Corporation
ERC Voluntary Disclosure Program Deadline is March 22
Many businesses, enticed by misleading information, have found themselves unwittingly in non-compliance with ERC regulations. The IRS has urged tax pr
IRS Warns Tax Preparers of EFIN Documentation Scam
Tax season is in full swing, and with it comes a surge in scams targeting tax professionals. The Internal Revenue Service (IRS) and Security Summit pa
Victims of ERC Fraud Can Use Voluntary Disclosure Program Through March 22
The Employee Retention Credit (ERC), initially introduced as part of the CARES Act in 2020 and extended through subsequent legislation, aims to provid
IRS Disaster Relief
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the IRS frequently pr
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.
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