IRS Releases Initial Section 45Q Carbon Sequestration Credit Guidance
The National Law Review· 1 hour agoTreasury and the IRS released initial guidance on the amended Section 45Q carbon oxide sequestration credit on February 19, 2020. Notice 2020-12 and Revenue ...
IRS rejects claims from 20,000 taxpayers for lucrative small business tax credit
Yahoo Finance· 18 hours agoThe IRS is taking action against small businesses that improperly filed returns claiming a lucrative...
IRS Rule Change May Affect How You Leave Assets to Heirs
SmartAsset via Yahoo Finance· 49 minutes agoManaging your taxes can be one of the most complex aspects of estate planning and a new IRS rule...
Hunter Biden is indicted on 9 tax charges, adding to gun charges in a special counsel investigation
KLAS Las Vegas· 4 hours agoWASHINGTON (AP) — Hunter Biden was indicted on nine tax charges in California as a special counsel...
IRS announces 2024 tax brackets
Local 12 Cincinnati· 2 weeks agoIt’s nearing the end of 2023, and the Internal Revenue Service (IRS) just announced the new income tax brackets for 2024, allowing people to plan ahead...
Maximize Your Savings: How to Organize Tax-Deductible Medical Expenses
PC Magazine· 51 minutes agoNo matter how good your health insurance is, you undoubtedly still spend money on medical and dental...
The IRS Froze a Big Tax Credit. It Didn’t Stop All the Money From Flowing.
The Wall Street Journal· 4 days agoJuan Carcamo, owner of a construction business in Middleton, Mass., had been waiting since early...
IRS rejects more than 20,000 refund claims for pandemic-related tax credit
CNBC· 2 days agoIRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. The...
IRS Disallows 20,000 ERC Tax Refund Claims As Enforcement Tightens
Forbes· 3 days agoAs part of continuing efforts to combat dubious Employee Retention Credit (ERC) claims, the Internal...
IRS To Issue More Than 20,000 Letters Denying Employee Retention Credit Claims
Forbes· 2 days agoThe IRS has announced that it is sending more than 20,000 letters to taxpayers notifying them that...