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. […]
Read MoreThe IRS has clarified that qualified opportunity zone businesses should not file Form 8996. Form 8996 is filed only by qualified opportunity funds.
The 2022 Instructions for Form 8996, Qualified Opportunity Fund, will make it clear that a qualified opportunity zone business should not file Form 8996.
IRS Post-Release Changes to Tax Forms, Instructions, and Publications https://www.irs.gov/forms-pubs/clarification-of-instructions-for-form-8996-informing-qualified-opportunity-zone-businesses-not-to-file-form-8996
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. […]
Read MoreThe IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps […]
Read MoreThe IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax […]
Read MoreGuidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory […]
Read MoreThe IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire […]
Read MoreThe IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their […]
Read MoreThe IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs […]
Read MoreThe IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 […]
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