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Tax Return Preparer’s Mistakes Or Fraud: Innocent Taxpayer Takes Hit
Forbes· 4 hours agoService has to audit a taxpayer and assess more tax. The SOL simply does not start if a tax return...
IRS Issues Guidance On Penalty Exceptions For Emergencies And Domestic Violence Victims
Forbes· 5 hours agoTypically, when you make an early withdrawal from your retirement plan, you are socked with a 10%...
Treasury and IRS Crack Down on Tax Loophole. Over $50 Billion in Revenue Expected.
Herald & Review· 7 days agoThe U.S. Department of the Treasury and the IRS have announced a plan to close a significant tax...
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
WBRC Fox 6 Birmingham· 7 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
IRS crack down on tax loophole could raise $50 billion - ABC Columbia
ABC Columbia· 6 days agoOn Monday, June 17, the Internal Revenue Service announced its closing a major tax loophole that...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 5 days agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
IRS warns of crackdown on tax loopholes
Newsweek· 7 days agoThe IRS and U.S. Treasury Department announced new efforts aiming to cinch tax loopholes utilized by large corporations and the wealthy, according to a...
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 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 to reject billions of dollars in ‘improper’ pandemic-era small business tax credit claims
CNBC· 3 days agoDanny Werfel, IRS commissioner, speaks after being ceremonially sworn in at the IRS headquarters in...