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IRS News Release: Document Upload Tool Reaches Key Milestone, One Million Taxpayer Submissions
Bloomberg Law· 4 days agoIRS’s Document Upload Tool has accepted its one millionth taxpayer submission, the IRS announced. Initially launched in 2021 in a limited format and greatly expanded in 2023 with funding from ...
IRS sues Ohio doctor whose views on COVID-19 vaccinations drew complaints – KION546
KION 46 Salinas· 6 days agoCLEVELAND (AP) — An Ohio doctor who drew national attention when she claimed COVID-19 vaccines made...
FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim
Forbes· 6 days agoFTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break....
IRS dinged by GAO for subpar documentation of AI audit models
FedScoop· 2 days agoAn IRS pilot program that uses artificial intelligence to select audit cases and identify...
Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 7 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
IRS ‘Tricks Designers’ With Rules for Green Buildings, Firm Says
Bloomberg Law· 4 days agoA New York designer of energy-efficient buildings told a federal appeals court that it relied on IRS guidance to claim a tax credit for its work, and that IRS< ...
Federal prosecutors accuse IRS employee of stealing Exxon’s taxes
The Washington Times· 3 days agoAn IRS employee used his access to the tax agency’s systems to steal millions of dollars the...
Choose how your business is taxed: IRS Form 8832
TheStreet.com· 4 days agoDifferent business structures have distinct tax benefits and obligations. If you want to change your business's tax status, you'll need IRS Form 8832. IRS
House GOP takes up Fox-fueled campaign to cut IRS tax enforcement
Media Matters· 2 days agoFox News made a concerted effort to stir up opposition to increased enforcement funding for the IRS...
IRS announces changes coming to how Americans in all 50 states file taxes
The Republican· 6 days agoNext year, the Direct File free tax filing initiative piloted in some states in 2024 will become a...