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IRS issues reminder on transfer of tax credits
Newsweek· 7 hours agoThe new rules, announced by the Internal Revenue Service (IRS) and Treasury Department on April 25, mean that renewable energy developers and owners can...
Behind the Scenes: Understanding IRS Operations from a Former Agent's Perspective
TechBullion· 8 hours agoThe Internal Revenue Service (IRS) is the U.S. federal agency responsible for tax collection and tax...
Feds Release Final Rules on Clean Energy Tax Credits
POWER Magazine via Yahoo Finance· 2 hours agoRenewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept....
The IRS Owes 940,000 Taxpayers $1 Billion in Refunds from 2021. Here's What to Know
CNET· 2 weeks agoThe IRS could owe you money from your 2021 tax refund -- including payment if you qualified for the...
IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A Transactions | JD Supra
JD Supra· 13 hours agoOur Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions. Contrary to common...
Ted Cruz could be in trouble with the IRS
Newsweek· 2 days agoTexas Senator Ted Cruz may face scrutiny from the Internal Revenue Service (IRS) over payments linked to his podcast, according to tax experts. Questions...
‘Chrisley Knows Best’ stars appeal fraud convictions, claim prosecutors conspired with IRS
Courthouse News Service· 1 week agoCurrently serving 12- and 7-year prison sentences, respectively, husband and wife Todd and Julie...
1099-K IRS Tax Delay: What Last Minute Filers Who Use PayPal and Venmo Need to Know
CNET· 2 weeks agoOriginally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting...
IRS CCA: Credit Card Rewards Liabilities Become Fixed, Determinable When Cardholder Has Right to...
Bloomberg Law· 3 hours agoCredit card reward liabilities become fixed and determinable under I.R.C. §461 when the cardholder has the right to redeem the rewards for cash or a statement credit, the Chief Counsel’s ...
Stimulus check update: IRS warns time running out to claim tax refund
Newsweek· 1 week agoTime is running out for some Americans to get their share of unclaimed tax refunds, the Internal...
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