NSAC Happenings and Latest News - Page 2

Employer tax credit crackdown could hit industry — if it passes

Employer tax credit crackdown could hit industry — if it passes

Published February 12, 2024

A bipartisan bill awaiting action in the Senate after easily passing the House would crack down on a troubled pandemic-era tax credit in a way that may affect financial advisors. The Tax Relief for American Families and Workers Act proposes to extend $78 billion in tax breaks and credits through expansions of the child tax credit; deductions for business depreciation, interest and research and development costs; and pulling back slightly on a ...

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Time Sensitive Alert: Re-Registering TCCs for 1099s

Time Sensitive Alert: Re-Registering TCCs for 1099s

Published January 17, 2024

ALERT – TIME SENSITIVE:  NSAC’s Tax Committee has learned that several taxpayers, who have historically filed their 1099s directly with the IRS via the FIRE system, have been caught off-guard by a new requirement.  The key issue appears to be that Transmitter Codes issued before Sept 26, 2021 must have been re-registered in order to transmit 1099s in January of 2024.  Below is an announcement from Thompson Reuters that ...

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NSAC Congratulates 2023-2024 SCHOLARSHIP RECIPIENTS!

NSAC Congratulates 2023-2024 SCHOLARSHIP RECIPIENTS!

Published August 2, 2023

The NSAC would like to congratulate the scholarship recipients for the 2023-2024 academic school year! We're thrilled to announce that this year saw an unprecedented number of entries, making it an exceptionally competitive selection process. The Society is proud to commend these outstanding students for their remarkable academic achievements, and we're confident they'll reach new heights in their pursuit of ...

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America's Fiscal Future & Silver Bowl Awards Luncheon Set to Inspire at TFACC

America's Fiscal Future & Silver Bowl Awards Luncheon Set to Inspire at TFACC

Published May 24, 2023

On Tuesday, July 25th, "America's Fiscal Future & Silver Bowl Awards Luncheon" will take place at the prestigious TFACC venue in Portland, OR. This highly anticipated gathering promises to provide invaluable insights into the nation's financial outlook while celebrating the exceptional achievements of Bill Miller, Bolinger, Segars, Gilbert & Moss, LLP., recipient of the esteemed Silver Bowl Award. The event will ...

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