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IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 13 hours agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
KWKT FOX 44· 11 hours agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the...
I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud
New York Times· 13 hours agoAn internal analysis conducted by the agency found that up to 90 percent of claims are potentially...
JD Supra: IRS Extends Post-Death RMD Relief Under the 10-Year Rule for 2024 Distributions
JD Supra· 14 hours agoThe Internal Revenue Service (IRS) recently extended relief with respect to certain post-death required minimum distributions (RMDs) ...
US Treasury, IRS to close $50 billion tax loophole on partnerships
Reuters via Yahoo Finance· 4 days agoWASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close...
How Do EV Tax Credits Work?
Car and Driver via Yahoo News· 14 hours 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...
Latest IRS effort to target wealthy tax cheats could raise $50 billion over a decade
CNN via AOL· 4 days agoThe Internal Revenue Service announced Monday its latest move to crack down on wealthy tax cheats –...
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process...
The Morning Sun· 4 days agoThe Internal Revenue Service plans to end another major tax loophole that could raise more than $50...