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IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Politico· 28 minutes ago“The completion of this review provided the IRS with new insight into risky Employee Retention Credit activity and confirmed widespread concerns about a large number of improper ...
Court vacates Julie Chrisley’s fraud sentence, Todd’s conviction upheld
WSB-TV 2 Atlanta· 2 days agoA federal appeals court has vacated Julie Chrisley’s sentence over fraud allegations. The district...
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...
Cruz says Biden, Dems sided with pro-Palestinian protestors for political gain
The Hill via AOL· 10 hours agoSen. Ted Cruz (R-Texas) accused Democrats of supporting pro-Palestinian protesters for political...
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 warns of crackdown on tax loopholes
Newsweek· 6 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...
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 enters 'next stage' of ERC tax-credit work, outlines plans to resume payments - The Business...
The Business Journals· 2 days agoThe agency in an announcement this week said it had taken the time since its Sept. 14 moratorium on...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 5 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.