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U.S. Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
KSM Adds Valuation Firm ValueKnowledge in Illinois
How AI is Reshaping the Future of Finance
EY Acquires HR Tech Consulting Firm Jubilant
IRS Sees Red Flags for ‘Vast Majority’ of ERC Claims
At least 70% of ERC claims currently awaiting processing have red flags about their accuracy, IRS Commissioner Danny Werfel said.
Treasury Finalizes Rules on Clean Energy Prevailing Wage, Apprenticeships
Clean energy project managers must meet the prevailing wage and apprenticeship requirements to receive increased tax credits.
IRS Releases FAQs on Sec. 127 Educational Assistance Programs
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
IRS Plans to Stop Basis Shifting Transactions
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
IRS Updates Careers Site to Attract Job Seekers
The website now provides a comprehensive landing spot for candidates to find everything they need to pursue a career at the IRS.
Didn’t Get Your Employee Retention Credit? You Can Sue the IRS
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut
An academic study tried to identify the correlation between corporate tax positions and the projected IRS budget for the following year.
IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.