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Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with New Elective...
The National Law Review· 9 hours agoOn May 16, 2024, the IRS released Notice 2024-41 (the “Notice”), modifying its preliminary guidance...
IRS should keep its free online tax prep and go bigger, say Sen. Elizabeth Warren and over 100...
Market Watch· 5 days ago“We believe that the IRS can offer free and easy tax filing to every American taxpayer who wants it...
IRS warns thousands of taxpayers they could face jail time
Newsweek· 6 days agoThe IRS is warning that thousands of taxpayers may be facing jail time if they're found to have...
IRS Puts New Measures In Place For Tax Professionals To Protect Tax Data
Forbes· 7 days agoWith identity theft and refund fraud an ongoing concern, the IRS is implementing new security...
IRS warns of tax scams; some with false or frivolous claims risk prosecution
WJLA· 5 days agoThe IRS said it has found thousands of dubious claims sharing common themes. People who seemingly...
TikTok tax advice could lead to thousands of delayed refunds and/or audits, IRS warns
Fortune via AOL· 5 days agoMost taxpayers do not. Sick Leave of Family Leave credits were available in 2020 and 2021 for people...
IRS PLR: Extension Request to Change Accounting Period Denied (IRC §442)
Bloomberg Law· 12 hours agoThe IRS has published a private letter ruling on Section 442 and Treasury Regulation Section 301.9100 regarding the extension of time to request a change in the applicable accounting period. ...
Bethlehem Domino's Pizza owner must pay IRS $2.5M after filing fake returns, court rules
NBC Philadelphia· 7 hours agoA Bethlehem man, who owns dozens of Domino's Pizza locations throughout Pa. and Ohio, was sentenced...
Ohio tornado victims permitted delays to September in filing tax returns, payments
The Columbus Dispatch via Yahoo Finance· 7 hours agoTaxpayers don't have to contact the IRS to get relief. The IRS does it automatically....
IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media
Forbes· 4 days agoThe IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led...
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