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IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 2 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
Bakersfield, California Man Pleads Guilty to $25 Million Tax Fraud Scheme Using Income Tax Returns
Sierra Sun Times· 5 days agoAttorney Phillip A. Talbert announced. According to court records, from November 2019 through June...
Supreme Court Rules Against Taxpayers in IRC Section 965 Case
The National Law Review· 1 day agoOn June 20, 2024, the Supreme Court of the United States issued a 7-2 opinion in Moore v.
Millions of taxpayers face Monday deadline to pay IRS
Scripps News via AOL· 5 days agoThe Internal Revenue Service issued a reminder that taxpayers who don't have their taxes held by...
I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud
New York Times· 2 days agoAn internal analysis conducted by the agency found that up to 90 percent of claims are potentially...
BIR allows companies to use up ORs even after Dec. 31 deadline - BusinessWorld Online
BusinessWorld· 2 days agoTHE Bureau of Internal Revenue (BIR) is allowing the use of official receipts (ORs) until these are...
IRS scams targeting North Carolina seniors are on the rise
WLOS ABC 13· 5 days agoThe Internal Revenue Service (IRS) warns North Carolina seniors about an increased threat of...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 4 days agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
Supreme Court upholds foreign income tax on US businesses - InvestmentNews
InvestmentNews· 2 days agoThe US Supreme Court upheld a 2017 tax on American-owned businesses’ foreign profits, rejecting an...
Court upholds Trump-era corporate tax on foreign earnings - SCOTUSblog
SCOTUSblog· 2 days agoThe Supreme Court on Thursday upheld a provision of a 2017 corporate tax reform law, known as the...