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IRS to target wealthy’s use of loophole: ‘Billions are at stake here’
The Patriot-News· 39 minutes agoThe IRS plans on targeting a loophole used by wealthy Americans and corporations to avoid paying...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 5 hours agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
IRS adds another state to Direct File, as House Republicans seek to defund it
Federal News Network· 11 hours agoThe IRS is recruiting another state to participate in its Direct File platform, which lets...
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process...
WTOP Washington· 2 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
IRS advance child tax credits from 2021 not returning in 2024 | Fact check
USA Today· 1 day agoA June 9 Facebook post (direct link, archive link) claims children will receive hundreds of dollars...
IRS/Tax Whistleblower Guide | JD Supra
JD Supra· 1 day agoAnyone who has obtained evidence that a person or company is committing tax fraud or evasion can become a whistleblower by reporting it to the Internal Revenue Service (IRS
IRS Takes Aim at a $50 Billion Loophole for Wealthy Taxpayers
The Fiscal Times via Yahoo Finance· 1 day agoThe IRS announced Monday that it plans to eliminate a loophole used by large, complex partnerships...
Navigating an IRS unpaid balance notice
NBC Dallas Fort Worth· 8 hours agoIf you recently received a letter saying you owe the IRS money for unpaid 2023 federal income tax and you know you paid, it may have been a glitch. On...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 14 hours 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 Should Embrace Remote-First Culture to Recruit Top Talent
Bloomberg Law· 1 day agoIt’s time for the IRS to consider a remote-first work model to enhance efficiency and attract top talent. The Covid-19 pandemic accelerated the shift to remote work—and it ...