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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,...
Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
USA TODAY via Yahoo News· 4 days ago"An opinion in favor of the Moores had the potential to upend many areas of current U.S. tax law,...
IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 3 days ago“We’re seeing clear indicators that the vast majority, at least 70 percent of the ERC claims...
How Do EV Tax Credits Work?
Car and Driver via AOL· 3 days agoIn 2024, several EVs are eligible for the federal government's tax credit program, which can reduce what you owe the IRS by up to $7500 for a single tax...
Bakersfield, California Man Pleads Guilty to $25 Million Tax Fraud Scheme Using Income Tax Returns
Sierra Sun Times· 7 days agoS. Attorney Phillip A. Talbert announced. According to court records, from November...November 2019...
IRS warns against scams targeting; joins other federal agencies to recognize special awareness day
The Post and Courier· 4 days agoScammers frequently fabricate urgent scenarios, such as outstanding debts or promises of significant prize winnings. Victims may be falsely informed that they owe the IRS ...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 5 days agoThe IRS’s backlog of Employee Retention Credit claims has soared to 1.4 million as it sifts through what it believes to be hundreds of thousands of improper ...
How To Litigate ERC Refund Claims
Forbes· 3 days agohis article discussed what suing the IRS for ERC refunds would involve and how much it would cost.
Mail From The IRS | JD Supra
JD Supra· 3 days agoFor the most part, Taxpayers do not want to receive mail from the IRS or open mail from the IRS. This is why IRS issued Tax& ...
Supreme Court Clarifies Estate Tax Consequences for Closely Held Company | JD Supra
JD Supra· 3 days agoThe Supreme Court of the United States issued an important ruling on June 6, 2024, clarifying the federal tax consequences of certain succession plans for closely held businesses ...