Taxes
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff
Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.
IRS Sees Red Flags for ‘Vast Majority’ of ERC Claims
At least 70% of ERC claims currently awaiting processing have red flags about their accuracy, IRS Commissioner Danny Werfel said.
Treasury Finalizes Rules on Clean Energy Prevailing Wage, Apprenticeships
Clean energy project managers must meet the prevailing wage and apprenticeship requirements to receive increased tax credits.
IRS Releases FAQs on Sec. 127 Educational Assistance Programs
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
IRS Plans to Stop Basis Shifting Transactions
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
IRS Updates Careers Site to Attract Job Seekers
The website now provides a comprehensive landing spot for candidates to find everything they need to pursue a career at the IRS.
Didn’t Get Your Employee Retention Credit? You Can Sue the IRS
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
IRS Warns About Scams Targeting Seniors
By posing as representatives from agencies such as the IRS, or other government agencies, these fraudsters use fear and deceit to exploit their victims.