Search results
Can the IRS Seize Your Tax Refund? 4 Reasons They Can (and How To Avoid It)
GOBankingRates via Yahoo Finance· 2 hours agoAccording to data from the IRS, the average tax refund in 2024 has been $3,011, an increase of 4.6%...
2024 Tax Refund Still Hasn't Arrived? Here's How to Track It
CNET· 56 minutes agoIf you filed your tax return weeks ago and still haven't received your refund money, it could be for...
IRS considers the future of its Direct File pilot
Government Executive· 9 hours agoThe IRS hasn’t made a decision about whether it will field its Direct File platform long-term, Commissioner Danny Werfel says, but the tax agency is...
IRS Form W-9 Changes and Their Impact on Trusts and Estates
WealthManagement.com· 2 hours agoIn March 2024, the Internal Revenue Service (IRS) unveiled a revised version of Form W-9, Request for Taxpayer Identification Number and Certification, marking a significant ...
Recently Issued IRS Littlejohn Victim Notices May Present Challenges for Taxpayers | JD Supra
JD Supra· 11 hours agoAs required by law, the Internal Revenue Service (IRS) has begun issuing notification letters to victims of a former IRS contractor who illegally accessed ...
IRS Wraps Up Green Energy Tax Credit Transfer Rules, Explained
Bloomberg Law· 2 hours agoFinal rules from the Treasury Department governing energy tax credit transfers cement guidance for one of the bigger changes to come out of the 2022 tax-and-climate law known as the Inflation Reduction Act.
Drilling down on those Direct File numbers
Politico· 4 hours agoSTILL LITIGATING THAT DIRECT FILE: The IRS’s own tax filing portal just finished its first season on the job. Was it a success? Depends on who you ask. IRS
IRS Notice: 2024 Allocation Round of Qualifying Advanced Energy Project Credits (IRC §48C)
Bloomberg Law· 4 hours agoThe IRS released guidance to clarify and amplify the procedures for the allocation of credits under I.R.C. §48C and announce the 2024 allocation round of the §48C(e) program (Round 2). ...
Smishing And Phishing Scams Kick Off IRS Annual Dirty Dozen | JD Supra
JD Supra· 11 hours agoOn 3/28/24, the IRS kicked off its annual Dirty Dozen list with a warning for taxpayers to be aware of evolving smishing and phishing scams designed to steal sensitive taxpayer ...
Crypto Tax Reporting Draft Form Signals Compliance Challenges
Bloomberg Law· 9 hours agoThe IRS unveiled a draft of the first crypto tax reporting form, 1099-DA, on April 19 after months of gathering feedback on proposed regulations that would require “brokers ...