IRS Reopens Voluntary Disclosure Program for Employee Retention Credit Claims: What You Need to Know
The Internal Revenue Service (IRS) has recently announced a limited-time reopening of the Employee Retention Credit (ERC) Voluntary Disclosure Program (VDP). This initiative aims to assist businesses in rectifying improper ERC claims and avoiding potential penalties. As a leading CPA firm, XOA TAX is here to guide you through the complexities of this program and…
Spending Through the Tax Code – Infographic
Source: U.S. Government Accountability Office People Also Read: How The U.S. Tax System Works – Infographic 2 Ways to Pick the Right Business Opportunity in a Difficult Economy Tax Extension Deadline 2023 What You Need To Know
How Much Is the Average Tax Refund 2024 and When Will I Get Mine?
Updated on October 7, 2024 Are you eagerly anticipating your tax refund and curious about how it stacks up against national averages? You’re in the right place. This guide provides comprehensive insights into the average tax refund for the 2024 filing season, the timeline for receiving your refund, and expert tips on making the most […]
Kim Kardashian’s Skims Is Now Worth $4 Billion
Skims, the clothing brand co-founded by Kim Kardashian, is making headlines again as its value skyrockets to $4 billion following a fresh funding round that raised $270 million. This impressive leap from last year’s $3.2 billion valuation underscores the brand’s meteoric rise. Initially focusing on shapewear, Skims has swiftly expanded its offerings to encompass loungewear, […]
Country Garden Crisis and China’s Economic Turning Point
China’s economic stability is encountering a significant challenge as Country Garden Holdings Co., one of the nation’s prominent property developers, grapples with an impending default on its debt obligations. This situation underscores the complexities the government faces in revitalizing the real estate sector amidst a slowing economy, prompting concerns among investors about broader economic implications. […]
Australia’s economic upswing: Tourism and Infrastructure investments.
Tourism & Infrastructure: A Thriving Economic Driver Australia’s export volumes surged in the June quarter as overseas tourists flooded to the country, according to data released on Tuesday, offsetting softening in home spending and delivering a much-needed boost to economic development. Tourist and international student spending is classified as a service export. Other data suggest […]
Don’t Miss Amazon Prime Big Deal Days This October 2024!
Amazon Prime Day for 2024 in the U.S. will take place on October 8 and 9. The event, officially named Prime Big Deal Days, will begin at 12:01 p.m. PT (3:01 p.m. ET) on October 8 and will run for a full 48 hours, concluding at 11:59 p.m. PT on October 9. This sale is […]
Discord Implements Restructuring, Trims 4% of Workforce in Pursuit of Long-Term Growth
Discord Restructuring In a strategic move aimed at optimizing its operations for sustained growth, the popular chat application Discord has recently undergone a reorganization, resulting in the departure of approximately 4% of its workforce, totaling nearly 40 employees. The company’s commitment to long-term expansion remains steadfast, as it fine-tunes its approach to meet evolving market […]
