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From the Tax Law Offices of David W. Klasing - IRS Enforcement Initiatives Focus on Large...
FOX 5 San Diego· 11 hours agoThe Internal Revenue Service (IRS) is fiercely committed to uncovering instances of tax fraud. As of 2024, the IRS is working hard to make sure that wealthy ...
IRS Continues Auditing Employee Retention Credit Claims for Fraud, Offers Protection for At-Risk...
Law.com· 1 day agoOver the past year, the Internal Revenue Service (IRS) has discovered billions of dollars in potentially fraudulent Employee Retention Credit (ERC) claims. Due to the high ...
IRS News Release: Taxpayers Warned About Misleading Advice on Claims for Fuel Tax Credit, Sick and...
Bloomberg Law· 5 hours agoTaxpayers are warned that they may be scam victims if they filed for big refunds from misleading advice on Fuel Tax Credit, Sick and Family Leave Credit, and Household Employment ...
IRS owes millions to North and South Carolinians, deadline to claim cash looms
FOX 8 WGHP· 12 hours agoRight now, potentially more than $29 million has gone unclaimed in the Tar Heel State.
IRS T.D.: PTIN User Fee Reduced
Bloomberg Law· 6 hours agoFinal regulations relating to the imposition of certain user fees on tax return preparers, the IRS released. The final regulations adopt without change the text of interim final (T.D. 9980) ...
Make the Direct File Tax Program Permanent, Groups Tell IRS
Bloomberg Law· 2 hours agoAbout 255 organizations from across the country are asking the IRS to make its Direct File free tax e-filing program available nationwide after what they called a successful pilot.
IRS Data Leak Hits Home: Actions for Taxpayers in the Wake of the Littlejohn IRS Data Breach
The National Law Review· 1 day agoThis past January, a former IRS contractor, Charles Littlejohn, was sentenced to five years in...
Donald Trump May Owe IRS More Than $100 Million in Back Taxes
The Source· 1 day agoThe IRS may soon come calling to collect an unpaid debt of more than $100 million in back taxes...
IRS Cash Is in Danger of Drying Up for Technology Upgrades
Bloomberg Law· 13 hours agoThe IRS is more tech savvy than ever—reducing its reliance on paper and readying updates to its aging computer systems—but the agency warns a lack of new funding would stall or even reverse gains.
IRS Finalizes Rule Cutting Fee for Tax Preparer ID Number (1)
Bloomberg Law· 7 hours agoThe IRS released a final rule reducing the user fee to apply for or renew a preparer tax identification number from $21 to $11.