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Professionals on the Move – Nov. 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say
Dennis Maxey was arrested in 2019 for grand theft and scheme to defraud, both first-degree felonies. He was arrested again on April 18.
IRS Opens Second Allocation Round For Advanced Energy Tax Credit
Beginning May 28, the IRS will accept applications from taxpayers seeking tax credits from the pool of $6 billion allocated in Round 2.
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.
IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly
An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.
TIGTA Finds $3.5 Billion Tax Fraud Scheme
TIGTA investigators identified a scheme where individuals obtained Employer Identification Numbers, a unique nine-digit identifier required for tax purposes, and then used them to file business tax returns that improperly claimed...
If You Missed It, Here’s the IRS ‘Dirty Dozen’ Tax Scams List For 2024
The list serves as a reminder to remain vigilant about tax scams not only during tax season, but all year long, the IRS said.
IRS Provides Sneak Peek of Form 1099-DA for Digital Assets
The IRS Friday posted on its website the highly anticipated draft Form 1099-DA, which brokers will use to report digital asset transactions.