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IRS to reject billions of dollars in ‘improper’ pandemic-era small business tax credit claims
CNBC· 1 day agoDanny Werfel, IRS commissioner, speaks after being ceremonially sworn in at the IRS headquarters in...
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...
IRS enters 'next stage' of ERC tax-credit work, outlines plans to resume payments - The Business...
The Business Journals· 1 day agoThe agency in an announcement this week said it had taken the time since its Sept. 14 moratorium on...
Suze Orman: Here’s How To Avoid a Major Tax Bill on Your Inherited IRA
GOBankingRates via Yahoo Finance· 20 hours agoA new IRS rule says most people must withdraw the total balance of inherited IRAs within 10 years of...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 2 days agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...
IRS advance child tax credits from 2021 not returning in 2024 | Fact check
USA Today· 5 days agoA June 9 Facebook post (direct link, archive link) claims children will receive hundreds of dollars...
IRS Breaks ERC Logjam. What Does This Mean For The Average Joe?
Forbes· 2 days agoThe Internal Revenue Service (IRS) announced a breakthrough today in the logjam of Employee Retention Credits (ERC) that has plagued the agency since a moratorium on processing ...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Politico via Yahoo Finance· 2 days agoAbout 10 percent to 20 percent show low risk, and the IRS will begin processing those claims. The...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 2 days agoThe IRS’ 2023 improper payment rates for various refundable tax credits were alarmingly high: 14...
IRS warning with one day until major tax deadline
Newsweek· 6 days agoTaxpayers have only one day to file pay-as-you-go taxes with the Internal Revenue Service (IRS), with the filing deadline set for June 17. Earlier this...