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IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 1 hour 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.
Millions of taxpayers face Monday deadline to pay IRS
Scripps News via AOL· 1 day agoThe IRS said taxpayers can use the Tax Withholding Estimator to help ensure that the right amount of...
IRS warns against scams targeting South Carolina seniors - ABC Columbia
ABC Columbia· 1 day agoCOLUMBIA, S.C. (WOLO)– The Internal Revenue Service (IRS) has issued a warning about the rising...
In Pending Litigation, IRS Reveals Strategy For Managing ERC Backlog
Forbes· 19 hours agoAlmost from its inception, the IRS and employers have experienced headaches from the employee...
IRS issues warning to millions of older Americans
Newsweek· 5 days agoAmerica's elderly are being tricked into "making immediate payments through unorthodox methods such as gift cards or wire transfers under the pretense of...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via AOL· 3 days ago“Before the pandemic, about three-quarters of filers typically got refunds. Now about 65% do. The ...
IRS warns against scams targeting older adults and the elderly
WSLS Newschannel 10 Roanoke· 5 days agoThe Internal Revenue Service, (IRS) in a national release on Wednesday, warned the public about the...
Bakersfield, California Man Pleads Guilty to $25 Million Tax Fraud Scheme Using Income Tax Returns
Sierra Sun Times· 1 day agoAttorney Phillip A. Talbert announced. According to court records, from November 2019 through June...
US Denies That Oil Refiners Are Owed $391 Million in Tax Refunds
Bloomberg Law· 23 hours agoSeveral petroleum refineries aren’t entitled to the $391 million in tax refunds they seek, because they can’t support their fuel credit claims using butane, the US told an Ohio federal court.
Major DoD acquisition programs taking too long, GAO says
Federal News Network· 5 hours agoWhen it comes to speeding up the Defense Department’s acquisition processes for big weapons systems,...