IRS
IRS Lays Out New Rules for Makers, Sellers of Clean Vehicles
The processes in the new guidance are required for vehicles to be eligible for one or more clean vehicle tax credits.
Tax Refunds May Be Smaller in 2023, IRS Warns
The lack of stimulus payments in 2022 will play a key role, according to the IRS.
Psychiatrist Gets 18 Month Prison Sentence for Tax Evasion
The professional failed to pay taxes and filed and caused to be filed with the Internal Revenue Service false and fraudulent tax returns that included false statements ...
Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements
Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”
IRS Updates FAQ on Unemployment Compensation Exclusion
The American Rescue Plan Act of 2021 provided relief to those receiving unemployment compensation in 2020.
Treasury Releases Labor Rules for Clean Energy Tax Credits
The Inflation Reduction Act invests $369 billion toward tackling climate change through clean energy initiatives.
IRS Increases Interest Rates for Q1 2023
For individuals, the rate for overpayments and underpayments will be 7% per year, up from 6%.
IRS: Don’t Fall for Scams on Giving Tuesday
Be aware of scammers using fake charities to commit fraud on well-intentioned donors.