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IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Michigan Gets IRS Tax Extension to June 17 Due to Storms
Currently, this includes Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland and Wayne counties. Individuals and households that reside or have a business in these localities qualify for tax relief.
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Filed Tax Returns Are Down 19% So Far This Filing Season—But There’s a Reason Why, IRS Says
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season, with all systems running well.”
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7 Warning Signs of an Incorrect ERC Claim
The IRS listed several red flags of a questionable employee retention credit claim to help businesses resolve incorrect submissions.
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IRS Seeks More Than $1 Billion From SVB for Taxes
The IRS claims Silicon Valley Bank owes both corporate income and employment taxes spanning a four-year period ending in 2023.
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Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year
With a bipartisan bill making its way through Congress, entrepreneurs might be able to take advantage of additional tax cuts.
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IRS Updates FAQs For Premium Tax Credit
The IRS released a fact sheet on Feb. 9 that includes updated frequently asked questions about the ACA-created tax credit.
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Betting on the Super Bowl? Don’t Forget About Taxes
Super Bowl Sunday is approaching, and fans are talking about the Chiefs, 49ers, and the ads, but what about sports betting taxes?
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IRS Cautions Tax Pros About New EFIN Email Scam
The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals.