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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.
IRS penalties on American taxpayers surged nearly 300% last year
FOX Business· 4 days agoThe IRS hit Americans with $7 billion in tax penalties in 2023, a record-high level that marks a...
How To Litigate ERC Refund Claims
Forbes· 3 days agohis article discussed what suing the IRS for ERC refunds would involve and how much it would cost.
U.S. Officials Sound the Alarm, Advising People Not to Fall for $600 Scam Targeting Social Security...
Benzinga via Yahoo Finance· 4 days agoSocial Security scams have been prevalent for years, but this latest one has caught the attention of...
My 401(k) Has $400,000. Can I Retire at 62?
SmartAsset via Yahoo Finance· 3 days agoYou can retire a little early on $400,000, but it won't be easy. If you have the option of working and saving for a few more years, it will give you a...
What Limited Partners Should Know About Soroban | JD Supra
JD Supra· 6 days agoThe Tax Court’s use of a functional analysis test to determine limited partner status in Soroban Capital Partners LP[1] has had a ripple effect in the world of asset management. The decision ...
The fight over credit card swipe fees hits the road
Politico· 6 days agoPartnership roulette — Brian Faler reports that the IRS is planning to crack down on complex partnership transactions that are designed to inflate deductions and minimize ...
Job Seekers Should Pay Close Attention To Benefits With Tax Perks
Forbes· 5 days agoQualified educational assistance programs—a provision found in section 127 of the tax code. Today, section 127 allows employers to pay employees up to $5,250 tax-free for educational assistance ...
Taxpayer Rights In The Digital Age
Forbes· 6 days agoNina Olson of the Center for Taxpayer Rights and the Tax Analysts board of directors discusses the challenges in preserving taxpayer rights in light of...
PNC Bank bonus offers in June 2024
CNN.com· 4 days agoPNC is the sixth-largest bank in the U.S. To keep up with competitors, PNC regularly offers bank bonuses to get new customers to sign up for their...
