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1. • Warren Calls on DOJ, IRS to Probe Intuit Amid Disclosure Reports

     Bloomberg Law· 22 hours ago

     The IRS and other federal agencies must investigate Intuit Inc. and other tax-prep companies over new alleged disclosures of sensitive taxpayer information, Democrats led ...

2. • IRS News Release: Qualifying Advanced Energy Project Credit New Allocation Round Open (IRC §48C)

     Bloomberg Law· 1 day ago

     The Department of Energy Qualified Advanced Energy Project Credit Program Applicant Portal (48C Portal) is now open for any interested applicants to register for a new round of allocations, the ...

3. • 

     How to get a mortgage when you’re self-employed

     Bankrate via Yahoo Finance· 2 hours ago

     “Self-employed individuals often take full advantage of the legal tax deductions and write-offs that are allowed by the IRS; unfortunately, this means...

4. • 

     IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media

     Forbes· 6 days ago

     The IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led...

5. • IRS Can’t Add ‘Additional Hurdles’ to Partnership Tax Elections

     Bloomberg Law· 17 hours ago

     Under the Tax Equity and Fiscal Responsibility Act of 1982, the IRS would assess and collect tax attributable to a partnership from all the partners who held an interest in ...

6. • 

     IRS council recommends raising jackpot withholding level to $5,800

     Las Vegas Review-Journal· 3 days ago

     Generally, any interaction with the Internal Revenue Service means something bad has happened. The...

7. • 

     Weekly IRS Roundup May 6 – May 10, 2024

     The National Law Review· 7 days ago

     Revenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...

8. • 

     Six Items that Could Trigger an IRS Audit

     WealthManagement.com· 1 day ago

     The Internal Revenue Service recently announced its plans to significantly increase audits on the wealthiest taxpayers, large corporations and large,...

9. • 5 Things You Should Know Now About IRS Form 3520-A

     Forbes· 2 days ago

     U.S. persons with interests in foreign trusts often have complicated international reporting obligations. Aside from an IRS Form 3520, these persons may have separate requirements ...

10. • 

      Lawmakers say newly released documents show Hunter Biden lied to Congress

      The Washington Times· 22 hours ago

      House lawmakers on Wednesday made public a slew of phone records and other documents provided by IRS...