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IRS Issues Guidance On Penalty Exceptions For Emergencies And Domestic Violence Victims
Forbes· 5 hours agoAs part of the SECURE 2.0 Act, exceptions now also include distributions for emergency personal...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
KRQE & KASA FOX 2 Albuquerque· 3 days agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 3 days agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 3 days agoThe IRS allocated $114 million for Direct File, pulling funds from business systems modernization,...
IRS warns of crackdown on tax loopholes
Newsweek· 7 days agoThe IRS and U.S. Treasury Department announced new efforts aiming to cinch tax loopholes utilized by large corporations and the wealthy, according to a...
Appeals court overturns Julie Chrisley's sentence; maintains convictions
Fox local via AOL· 2 days agoTarantino was found guilty of making false statements to federal agents to mislead the IRS....
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 6 days agoThe IRS’s backlog of Employee Retention Credit claims has soared to 1.4 million as it sifts through what it believes to be hundreds of thousands of improper applications.
IRS enters 'next stage' of ERC tax-credit work, outlines plans to resume payments - The Business...
The Business Journals· 3 days agoThe agency in an announcement this week said it had taken the time since its Sept. 14 moratorium on...