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IRS Enters Next Stage of Employee Retention Credit Work; Review Indicates Vast Majority Show Risk of...
Sierra Sun Times· 3 hours ago“The completion of this review provided the IRS with new insight into risky Employee Retention...
IRS advance child tax credits from 2021 not returning in 2024 | Fact check
USA Today· 7 days agoA June 9 Facebook post (direct link, archive link) claims children will receive hundreds of dollars...
IRS Issues Guidance On Penalty Exceptions For Emergencies And Domestic Violence Victims
Forbes· 11 hours agoAs part of the SECURE 2.0 Act, exceptions now also include distributions for emergency personal...
'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS
Reason.com via Yahoo News· 5 hours agoThe Tax Man Is Shocked To Discover Fraudsters In the course of a detailed review of the Employee...
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
Philly.com· 7 days agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
IRS Finalizes Guidance on Partnerships’ Conservation Easements
Bloomberg Law· 3 hours agoThe IRS on Monday issued final guidance on an amendment to the US tax code limiting partnerships’ ability to take a tax deduction for charitable contributions of conservation ...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 4 days agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...
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,...
Class bias at the IRS
WBUR Boston· 10 hours agoA former IRS agent says the agency goes easy on corporations and the ultrawealthy when investigating possible tax crimes. The IRS’s Large Business and...
High Court to Hear Bankruptcy Case Over IRS Sovereign Immunity
Bloomberg Law· 2 hours agoThe US Supreme Court agreed to hear the government’s case challenging a bankruptcy trustee’s clawback of a payment to the Internal Revenue Service that the trustee said was a fraudulent transfer.