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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 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.
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.
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.
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.
Retired IRS Agent Gets Month in Jail for Causing Fatal Crash in Ohio
James Farley pleaded guilty last month to aggravated vehicular homicide, which is a third-degree felony.
IRS Launches Hub for Employer-Provided Childcare Tax Credit
The new webpage gives information on the tax incentive for businesses that provide childcare services to their employees.
AICPA Says FBAR Deadline Should Match Disaster Relief Deadline Extensions
The AICPA recommends that FinCEN adopt a policy of automatically granting FBAR filing postponements to coincide with the relief provided by the IRS when the IRS grants postponements
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.