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IRS asks Congress to scrap employee retention credit amid ‘gold rush’ of bogus claims
The Hill via Yahoo News· 4 days agoThe IRS is getting blasted with bogus claims for the employee retention tax credit (ERC) and is...
U.S. IRS asked to delay crypto tax reporting rules
TheStreet.com· 3 days agoMetaMask developer says the IRS is imposing a "costly compliance burden." The U.S. Internal Revenue Service (IRS) has been asked by a blockchain firm to ...
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
San Francisco Chronicle· 4 days agoAbout 10% to 20% of the 1 million claims show “clear signs of being erroneous” and tens of thousands...
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
Associated Press via Yahoo Finance· 4 days agoThe Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention...
IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 4 days agoThe IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Politico via Yahoo Finance· 4 days agoAbout 10 percent to 20 percent of the 1 million claims show “clear signs of being erroneous,” and...
IRS to end another major tax loophole for the wealthy and raise $50 billion in the process
Winston-Salem Journal· 7 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
IRS to end another major tax loophole for the wealthy and raise $50 billion in the process
Napa Valley Register· 7 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
IRS hit a ‘big milestone’ to wean itself off paper. What comes next?
Federal News Network· 7 days agoThe IRS is taking major strides to wean itself off paper. The agency’s Document Upload Tool is...
Reality Star Julie Chrisley Will be Resentenced in Bank Fraud Case
Rolling Stone· 14 minutes agoJulie Chrisley, the former star of the reality series Chrisley Knows Best, will be resentenced in her bank fraud and tax evasion case after an appeals court threw out her original seven-year ...