IRS Highlights New Business Tax Account Features, FS-2024-27
The IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MorePresident Biden, on August 16, 2022, signed the Inflation Reduction Act ( P.L. 117-169) into law following its passage along party […]
Read MorePresident Biden signed the CHIPS and Science Act into law after it received bipartisan support in both the House of […]
Read MoreDepartment of the Treasury Secretary Janet Yellen is seeking a detailed plan from the Internal Revenue Service on how it […]
Read MoreNational Taxpayer Advocate Erin Collins has taken an “unusual step” to appeal an Internal Revenue Service Deputy Commissioners’ decision directly to Commissioner […]
Read MoreThe IRS and the Security Summit partners have warned tax professionals to beware of evolving identity theft scams perpetrated through […]
Read MoreThe IRS has extended the deadlines for amending a retirement plan or individual retirement arrangement (IRA) to reflect certain provisions […]
Read MoreThe Treasury and IRS have issued final regulations eliminating the signature requirement for making a Code Sec. 754 election (section 754 election). […]
Read MoreThe American Institute of CPAs highlighted several challenges that tax practitioners are experiencing with the use of the Internal Revenue […]
Read MoreThe IRS announced that it is continuing to expand the features within Business Tax Account (BTA), an online self-service tool […]
Read MoreThe IRS has issued a series of questions and answers for 401(k) and similar retirement plans that provide, or wish […]
Read MoreThe IRS Whistleblower Office has recognized the contributions of whistleblowers on the occasion of National Whistleblower Appreciation Day, which falls on July […]
Read MoreThe floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments […]
Read MoreThe IRS has issued a reminder that summer day camp expenses may be eligible for the Child and Dependent Care tax […]
Read MoreThe IRS has updated frequently asked questions (FAQs) to provide guidance related to the critical mineral and battery component requirements […]
Read MoreThe IRS has warned taxpayers not to fall for scams centered around the Fuel Tax Credit, the Sick and Family […]
Read MoreThe IRS has issued a cautionary alert to taxpayers about a new scam exploiting clean energy tax credits. This emerging […]
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