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IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Politico· 12 hours ago“We will now use this information to deny billions of dollars in clearly improper claims and begin additional work to issue payments to help taxpayers without any red flags ...
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...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 3 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,...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 3 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
Tax Return Preparer’s Mistakes Or Fraud: Innocent Taxpayer Takes Hit
Forbes· 2 hours agoThe SOL simply does not start if a tax return is false or fraudulent or if there is a “willful”...
IRS enters 'next stage' of ERC tax-credit work, outlines plans to resume payments - The Business...
The Business Journals· 3 days agoThe agency in an announcement this week said it had taken the time since its Sept. 14 moratorium on...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 3 days agoThe IRS’ 2023 improper payment rates for various refundable tax credits were alarmingly high: 14...
IRS advance child tax credits from 2021 not returning in 2024 | Fact check
USA Today· 6 days agoA June 9 Facebook post (direct link, archive link) claims children will receive hundreds of dollars...
IRS Finds Most ERC Claims Have Unacceptable Levels of Risk
PYMNTS.com· 3 days ago“We will now use this information to deny billions of dollars in clearly improper claims and begin...