IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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The Treasury and IRS in partnership with the Department of Energy (DOE) reported remarkable demand in the initial application period for solar and wind facilities. Within the first 30-day window, […]
Read MoreThe Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury Department today released for publication in the Federal Register final regulations [PDF […]
Read MoreThe IRS released the optional standard mileage rates for 2024. Most taxpayers may use these rates to compute deductible costs of operating vehicles for: business, […]
Read MoreThe American Institute of CPAs is calling on the Internal Revenue Service to establish a more streamlined and rapid procedure for processing extension requests filed […]
Read MoreThe IRS has intensified its efforts to address questionable dubious Employee Retention Credit (ERC) claims, sending over 20,000 letters to taxpayers about disallowed claims targeting entities without a […]
Read MoreThe U.S. Department of the Treasury’s Financial Crimes Enforcement Network has issued an alert to financial institutions on fraud schemes related to the Employee Retention Credit as part […]
Read MoreThe IRS issued two items of guidance on the excluded entity restriction of the Code Sec. 30D clean vehicle credit, proposed regulations and a revenue procedure. Under the excluded entity restriction, vehicles are […]
Read MoreThe Supreme Court of the United States on December 5, 2023, heard arguments in the case of Charles G. Moore v. United States, which is […]
Read MoreThe IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
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The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
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The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
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Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
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The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]
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The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
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The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
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The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
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