Taxes
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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
IRS: Time is Running Out to Collect Over $1 Billion in Tax Refunds For 2020
Nearly 940,000 Americans have unclaimed tax returns from 2020 and face a May 17 deadline if they want to get it back.
Taxing the Rich is a Popular Bipartisan Stance, Poll Shows
Sixty-nine percent of registered voters in seven swing states favor higher taxes on billionaires, according to a new poll.
Cast Your Vote for 2024 Readers’ Choice Awards!
The CPA Practice Advisor Readers’ Choice Awards give readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms.
IRS’s ERC Crackdown Has Stopped $1 Billion in Fraudulent Claims
According to the IRS, its Criminal Investigation division is reviewing an additional $3 billion in ERC claims.
How Miami Became a Hub of PPP Fraud After Pandemic
They loaded up on Lamborghinis, Porsches, Teslas and Bentleys and stocked their jewelry boxes with diamond- and gold-studded necklaces, bracelets and watches. South Florida was a fraudster’s feast.
FORVIS Launches TaxCred PRO for Clean Energy
TaxCred PRO for Clean Energy walks users through IRA discovery with a user-friendly questionnaire, collecting details about their clean energy initiatives and investments.
Corvee Adds Home Office Deduction Tax Position to Instead for Tax Planning
Corvee, a software and solutions company serving small and medium-size businesses as well as tax and accounting firms, has added home office deduction filing guidelines to Instead and Instead Pro.
IRS Says Processing of New ERC Claims Likely to Resume This Spring
The IRS ordered an immediate moratorium on processing new ERC claims on Sept. 14, 2023, due to instances of widespread fraud.