Taxes
IRS Working on 1099 Guidance for Middle Class Tax Refund in California
The agency previously said it was working on guidance for 19 states that provided refunds of some form in 2022.
Suspicious White Powder Found at a Georgia IRS Office
A package containing the powder, which was found in the mailroom, was determined to be harmless.
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.
Miami Woman Accused of Buying Bentley with PPP Funds
According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, employees ...
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.
Georgia Tax Preparer Pleads Guilty to Federal Tax Fraud Charges
Nadine Word submitted false claims for tax credits for her clients and also failed to pay her own personal taxes.