IRS
IRS Looks to Start Tip Reporting Program for Service Industry
IRS seeks public comment on proposed Service Industry Tip Compliance Agreement (SITCA) program.
Treasury Shifts SUV Definition for EV Tax Credits After Carmakers Gripe
The change made Friday is likely to be the difference between thousands of dollars in consumer discounts.
Changes to Tax Credits and Deductions Could Mean Smaller Refunds or Higher Taxes in 2023
Certain tax credits for children and dependents have been reduced, and the charitable deduction some taxpayers took advantage of during the pandemic years is no longer so easy to claim.
R&D Tax Credit Misconceptions and Guidelines
With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.
Biden Vows to Veto GOP Plan to Abolish the IRS
The president also would veto bill by House Republicans to replace current tax system with a flat consumer tax.
Tax Season Got Off to a Rough Start in Oregon
The Oregon Department of Revenue sent personal tax refund info for 5,000 taxpayers to the wrong address.
Florida CEO Gets 32 Months in Prison for Tax Evasion
To conceal the fraud scheme from the second company and evade taxes on his income for those years, Cory invented fictitious owners, made false representations to his employer, and falsified emails and ...
From RMDs to Student Debt, SECURE 2.0 Offers a Lot
While the law contains nearly one-hundred new retirement provisions, following is a summary of some of the most notable changes ...