IRS
Latest News
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
State Societies in Action: Wisconsin Institute of CPAs
LinkedIn + AI = A Recipe for Prospecting Success for Accounting Firms
IRS Issues FAQs About Clean Fuel Production Credit Registration
These FAQs address which entities must apply for registration for the tax credit pursuant to Notice 2024-49, which the IRS issued in June.
IRS Issues FAQs About Tax Advice Scams on Social Media
Schemes have centered on the Fuel Tax Credit, Sick and Family Leave Credit, household employment taxes, and overstated withholding.
IRS: Kentucky Storm Victims Qualify For Tax Relief
Taxpayers in 11 counties now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.
Danny Werfel’s Cat Is the IRS’s New Social Media Darling
“We have just now started to put my cat Emmett out there as the expert on tax scams,” the IRS chief recently said in a TV interview.
IRS: Security Threats Against Tax Pros Remain a Daily Threat
The IRS and its Security Summit partners announced the start of its annual "Protect Your Clients; Protect Yourself" campaign.
IRS Finalizes Rules on Crypto Tax Reporting for Brokers
The final regulations are viewed by proponents as critical to policing a largely unregulated sector plagued by tax avoidance.
IRS to Pot Businesses: Marijuana is Still a Schedule I Controlled Substance
Therefore, cannabis businesses are still unable to claim normal business tax deductions, as IRC Section 280E stipulates.
IRS Offers to Settle With Certain Tax Avoidance Scheme Participants
The agency is looking to settle with some taxpayers under audit who participated in syndicated conservation easement deals.