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The IRS ‘screwed up’
The Escanaba Daily Press· 4 hours agoOn June 3, 2024 my family received a letter from the IRS indicating that we owed $4,900.31 for our 2023 taxes as we had under paid. Note, this letter did in fact come from ...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 4 days agoThis delay in addressing cyberthreats and internal risks puts sensitive taxpayer information in...
How To Litigate ERC Refund Claims
Forbes· 4 days agohis article discussed what suing the IRS for ERC refunds would involve and how much it would cost.
Trump turns over tables with tariff talk
The Bradford Era· 17 hours agoEnter Donald Trump. Trump has also proposed eliminating all taxes on tips, a plan he announced in the state of Nevada, where service workers are a big...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 4 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 5 days agoThe IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 4 days agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 7 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 ...
Want More Money in Retirement? Here's How Much Your Current Tax Returns Could Be Worth
The Motley Fool via AOL· 6 days agoImage source: Getty Images According to the IRS, the average refund for the 2023 tax year was around...
Supreme Court Rules Against Taxpayers in IRC Section 965 Case | JD Supra
JD Supra· 1 day agoOn June 20, 2024, the Supreme Court of the United States issued a 7-2 opinion in Moore v. United States, 602 U.S. __ (2024), ruling in favor of the Internal Revenue Service ...
