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WASHINGTON, D.C. — As a crucial deadline approaches, the Internal Revenue Service (IRS) is urging small businesses to ensure their Employee Retention Credit (ERC) claims are accurate and legitimate. The …
IRS Highlights Seven Red Flags for Employee Retention Credit Claims Ahead of March Deadline Read More
It’s almost that time of year when many people start receiving their tax refunds. If you get one, what will you do with it?
What Should You Do with Your Tax Refund? Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has made significant updates to its frequently asked questions (FAQs) concerning the Premium Tax Credit. The revisions, which supersede earlier FAQs posted …
IRS Updates FAQs on Premium Tax Credit, Adds New Sections Read More WASHINGTON, D.C. — In a bid to encourage more businesses to provide child care services for their employees, the Internal Revenue Service (IRS) has launched a new page on its …
IRS Unveils New Resource on Employer-Provided Childcare Tax Credit Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) is ramping up its efforts to provide taxpayers with clearer information this filing season. The agency recently announced revisions to its frequently …
IRS Updates FAQs for Form 1099-K, Delays New $600 Reporting Threshold Read More
WASHINGTON, D.C. — A recently unveiled analysis by the U.S. Department of the Treasury and the Internal Revenue Service (IRS) offers an insightful take on the potential of IRS modernization. …
Bolstering IRS Modernization Could Unlock Billions in Revenue, Fresh Analysis Indicates Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a crucial reminder to taxpayers, stressing the importance of selecting a trustworthy professional for tax return preparation. The agency warns …
IRS Urges Caution in Choosing Tax Preparers Amid Rising Fraud Concerns Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced a complimentary webinar on the Employee Retention Credit (ERC) Voluntary Disclosure Program. Slated for Thursday, February 8 at 2 p.m. …
IRS to Host Free Webinar on Employee Retention Credit Voluntary Disclosure Program Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued an important reminder to taxpayers in disaster-stricken areas who received extensions to file their 2022 returns. These taxpayers are now …
IRS Issues Reminder: Disaster-Affected Taxpayers’ Extended Filing Deadline Approaches Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) this week announced that nearly 250 of its Taxpayer Assistance Centers (TACs) across the United States will extend their weekly office hours.
IRS Extends Taxpayer Assistance Center Hours for Filing Season, Aims to Improve Customer Experience Read More