IRS
Latest News
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
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Minnesota-map-768x512.jpg)
‘It’s BS’: IRS Will Tax Minnesota Rebate Check
Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota 2023 rebate checks.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/12/flexible-spending-accounts-768x512.jpg)
IRS Updates FSA Amounts for 2024
Starting next year, employees can contribute up to $3,200 tax-free to a flexible spending account through payroll deduction.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/US-NEWS-HUNTERBIDEN-TAXES-GET-768x432.jpg)
Hunter Biden Charged with Tax Crimes in Los Angeles
Biden is accused of failing to pay his taxes on time from 2016 to 2019, filing false and fraudulent tax returns in 2018, and tax evasion.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/07/tax_planning_1_.57bce95f256b3.jpg)
Decoding the Difference: Tax Planning vs. Advisory
Let’s talk through how these two functions differ, and how you as a tax professional can better define them for your clients to create additional revenue streams.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/11/judge-gavel-1-768x512.jpg)
CPA Indicted for $800,000 in Tax Fraud, Claiming Fake Foster Child as Dependent
Jack Lee Oliver of Rivesville, WV, used a foster child he never met to inflate his tax refund, according to the Justice Department.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/stimulus-check-768x512.jpg)
IRS Shoots Down Rumors of More Stimulus Checks
The IRS has no plans to send a fourth round of stimulus checks, despite claims made in a series of widely-shared social media posts.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Hunter-Biden-1-768x512.jpg)
House Ways and Means Backs Release of Hunter Biden Tax Probe Information
After IRS agents testify, the House tax-writing panel voted to make public documents and transcripts provided by the agents.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/pig-meat-butcher-diagram-768x604.jpg)
IRS Warns Taxpayers About Crypto ‘Pig Butchering’ Scams
IRS Criminal Investigation special agents have seen an uptick in a specific type of scheme that couples cryptocurrency with romance.