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IRS Defends Denying Repair Deductions to US Tomato Suppliers
Bloomberg Law· 14 hours agoSuppliers for 40% of the US’s tomato paste and diced tomatoes shouldn’t be allowed to deduct restoration costs for their processing facilities before the restorations are complete, the
IRS updates rules for early retirement withdrawals due to emergencies, domestic violence
KRCR TV Redding· 15 hours agoThe IRS has some new guidance for people who may want to prematurely pull from their retirement...
Mail From The IRS | JD Supra
JD Supra· 1 day agoFor the most part, Taxpayers do not want to receive mail from the IRS or open mail from the IRS. This is why IRS issued Tax Tip 2024- ...
IRS says 'vast majority' of 1M pandemic-era credit claims show a risk of being improper
The Post and Courier· 1 day agoAbout 10 percent to 20 percent of the 1 million claims showed "clear signs of being erroneous" and...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Politico· 1 day ago“The completion of this review provided the IRS with new insight into risky Employee Retention Credit activity and confirmed widespread concerns about a large number of improper ...
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
Midland Reporter-Telegram· 1 day agoIts complex eligibility rules allowed scammers to target small businesses, offering help applying for the ERC for a fee — even if they didn’t qualify. About 10% to 20% of the 1 million claims ...
IRS wants to end another major tax loophole for the wealthy, raise $50 billion in the process - The...
The Boston Globe· 4 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
Timothy Holdiness: Protect Our Seniors: Crack Down on IRS Impersonation Scams
McComb Enterprise-Journal· 1 day agoAs part of ongoing efforts to safeguard our senior community, the IRS recently issued a warning about a surge in impersonation scams targeting older adults in Mississippi ...
IRS Announcement: Partial Suspension of U.S.-Russia Tax Treaty
Bloomberg Law· 12 hours agoNotice of partial suspension of the U.S.-Russia tax treaty, the IRS announced. The United States provided formal notice to the Russian Federation on June 17, 2024, to confirm ...
IRS to end another major tax loophole for the wealthy and raise $50 billion in the process
The Daily News· 4 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...