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
![Independent contractors 1 570f062a5d352](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21681/Independent_contractors_1_.570f062a5d352.png)
IRS Watches for Misclassified Independent Contractors, But There is a Safe Harbor Rule
An employer in danger of being assessed back taxes for certain workers may avoid liability if it qualifies for “Section 530 relief.”
![IRS1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/17116/irs1_10943579-768x511.png)
IRS Gives Employers ‘A Way Out’ if They Filed an Improper ERC Claim
The IRS on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/11/IRS-website-768x511.jpg)
Taxpayer Interest in IRS’s Direct File Program May Have Been Exaggerated
Their willingness to use the Direct File program may be overstated because of the survey the IRS used to gauge their interest, TIGTA says.
![irs221](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/30205/irs221_11527382-768x576.png)
IRS to Try Out Its Free E-Filing Tax Return Program in 13 States Next Year
The IRS on Tuesday unveiled more details about Direct File, the agency’s free online tax filing program that is debuting in 2024.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/California-state-flag-sunset-768x512.jpg)
IRS Gives California a Last-Minute Tax Deadline Reprieve
The IRS has given people in 55 of the state's 58 counties impacted by natural disasters last winter until Nov. 16.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/08/IRS-building-sign-768x512.jpg)
So Far, the IRS Has Spent 2.5% of Its Inflation Reduction Act Money
As of June 30, the agency has spent approximately $1.95 billion of the nearly $80 billion it will receive over a 10-year period.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/tax-gap-768x388.jpg)
IRS Says Tax Gap Grew to $688 Billion in Tax Year 2021
The new estimate reflects a rise of more than $192 billion from the prior estimates for tax years 2014 to 2016.
![tax-extension1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/18283/tax-extension1_11362479.png)
Oct. 16, 2023, is Deadline for Taxpayers with an Extension
For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.