With the IRS’s move to eliminate paper checks and convert to all electronic transactions, it has become necessary for taxpayers to set up online accounts for filing purposes. The following Client’s Guide provides step-by-step instructions for setting up accounts with the IRS and Illinois Department of Revenue, as well as ID.me, a third-party identification system…
As we noted earlier this month, on September 30 the Internal Revenue Service (IRS), in coordination with the U.S. Department of the Treasury, will stop issuing and accepting paper checks for most federal payments, including individual tax refunds and payments. This transition is part of a broader federal initiative to modernize payment systems, reduce fraud,…
Weiss & Company LLP is pleased to announce the addition of two accomplished professionals to the firm, Kristen Eby and Valincia Jackson. Kristen Eby joins as a manager in the firm’s Tax Department with more than 15 years of experience in both public and private accounting. Her expertise spans work with high-net-worth individuals, pass-through entities,…
What’s Happening? An executive order (EO 14247), signed by President Trump on March 25, 2025, directs the U.S. Treasury and IRS to halt both issuing and accepting paper checks for most federal transactions. Starting September 30, 2025, check payments—including tax refunds and tax remittances—will no longer be accepted. If you currently rely on paper checks for refunds or…
As part of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, several critical changes have been made to federal energy and electric vehicle tax credits. These include faster expiration timelines, new eligibility restrictions, and heightened documentation requirements potentially impacting your current or future projects and purchases. Please review the following key…
Weiss & Company LLP is pleased to announce four promotions within the Tax Department. Promoted associates include Masarrah Alsagher, Grace Piotrowski, Matthew Doetsch and Shaz Shah. Masarrah Alsagher was promoted from Associate to Senior. Masarrah started with Weiss as an intern while a student at the University of Illinois at Chicago. She joined Weiss in…
