The Elective Pass Through Entity Tax Form (EPT-100) is now available to file for Tax Year 2023. Again for this tax year, the EPT-100 must be filed online through the Division's MyTaxes web portal which can be found at: mytaxes.wvtax.gov. We anticipate future years will be available through practitioner software (if those companies so elect). The filing deadline is March 15th and may be extended to September 15th by filing a PTE-100EXT. Taxpayers should be reminded, an extension to file is not an extension to pay the tax due. Taxpayers and preparers are also reminded that there is no longer a need to file the election form - the filing of an EPT-100 or PTE-100 return will indicate your election for Tax Year 2023. Once filed, the election cannot be revoked for that tax year. For more information on the Elective Pass Through Entity Tax, please visit our website at tax.wv.gov. If you have a question that is not answered on our webpage, please log in to MyTaxes and ask the question via your EPT account, or contact Taxpayer Services toll-free at 1 (800) 982-8297 or (304) 558-3333 or via email at TaxHelp@WV.Gov.
For those of you who will be filing the WV Elective Pass-Through Entity Tax Return (EPT-100) or have clients that will be filing the EPT-100 this year, the West Virginia Tax Division has advised us that the form EPT-100 will be available for filing on the WV MyTaxes website within the next 24 hours.
The IRS has issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The West Virginia CPA Newsletter - December 2023 Edition
The West Virginia CPA Newsletter - June 2023 Edition features: A&A Update / OAS & AEF Winners / Recruiting & Career Opportunities
The West Virginia CPA Newsletter - September 2023 Edition
The West Virginia CPA Newsletter - March 2023 Edition features: A&A Update / Committee Day News / Winning with Charitable Giving
The December issue of The West Virginia CPA is available!
Each year, a number of individuals are recognized for their outstanding work in numerous areas and are presented awards at Committee Day and the Annual Meeting.
Our 7th annual WV Society of CPA Month of Service hosted by the Young CPA Committee will be during the entire month of July 2022.
The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022.
The AICPA’s Tax Practice & Ethics Team has developed IRS Schedules K-2 and K-3 resources.
WASHINGTON – With tax season in full swing, the Internal Revenue Service, state tax agencies and tax industry today warned tax professionals of new email scams that attempt to steal their tax software preparation credentials.
For the past few years, the AICPA and NASBA have collaborated with stakeholders to reimagine CPA licensure through the joint CPA Evolution initiative, an effort to transform the CPA licensure model.