Taxes
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
IRS-CI Chief Jim Lee Will Call It a Career in April
Lee, a 29-year veteran of the agency who has served as chief of IRS Criminal Investigation since 2020, will retire on April 6.
Several Taxpayer Assistance Centers to Have Saturday Hours, IRS Says
The special Saturday openings will take place from 9 a.m. to 4 p.m. on Feb. 24, March 16, April 13, and May 18.
SALT Bill Goes Down in the House, Likely Sealing Its Fate
The legislation was championed by blue-state Republicans opposed to the $10,000 state and local tax deduction cap.
IRS Help Calls Expected to Surge After President’s Day
The IRS is encouraging taxpayers who need help to use its online tools before they call the agency for help.
Michigan Gets IRS Tax Extension to June 17 Due to Storms
Currently, this includes Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland and Wayne counties. Individuals and households that reside or have a business in these localities qualify for tax relief.
Filed Tax Returns Are Down 19% So Far This Filing Season—But There’s a Reason Why, IRS Says
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season, with all systems running well.”
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AICPA Recommends Foreign-Owned U.S. Disregarded Entities be Allowed to E-File Form 5472
Sending U.S. tax filings via the mail from overseas to the IRS can be a complex procedure, particularly if the sender wishes to get a proof of mailing.
7 Warning Signs of an Incorrect ERC Claim
The IRS listed several red flags of a questionable employee retention credit claim to help businesses resolve incorrect submissions.