Taxes

The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.

The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.

April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.

Fraudsters and identity thieves attempt to trick the recipient into clicking a suspicious link, filling out personal and financial information or downloading a malware file onto their computer.

Every firm will likely have to deal with a client whose identity has been compromised at some time, so it helps to remind staff of the warning signs of tax ID fraud as well as how to work with clients that may have been flagged by the IRS.

Over the last four years, IRS-CI has investigated 1,644 tax and money laundering cases related to COVID fraud totaling $8.9 billion.

As previously scheduled by the IRS, the voluntary disclosure program has come to an end. Through its various compliance efforts, the IRS has addressed over $1 billion in erroneous ERC claims.

Latinos—as well as individuals of any background— may fall victim to unqualified service providers who prey on their community.