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WASHINGTON, D.C.— In an effort to streamline the rectification of erroneous Employee Retention Credit (ERC) claims, the Internal Revenue Service (IRS) has launched a supplemental claim process specifically designed for …
IRS Introduces Supplemental Claim Process to Address Incorrect Employee Retention Credit Claims Read More
WASHINGTON, D.C. — In a recent alert, the Internal Revenue Service (IRS) has reminded taxpayers to remain vigilant against fraudulent “mills” that exploit individuals with unpaid tax obligations. These deceptive …
Protect Your Finances: How You Can Avoid Tax Scams and Leverage Legitimate IRS Programs! Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled proposed regulations to provide clarity on the Corporate Alternative Minimum Tax (CAMT), introduced by the Inflation Reduction Act. The CAMT …
IRS Unveils New Rules for Corporate Tax: What Businesses Need to Know! Read More
WASHINGTON, D.C. — In a significant advancement under the Inflation Reduction Act, U.S. Secretary of the Treasury Janet L. Yellen, along with IRS Commissioner Danny Werfel, have unveiled new measures …
IRS and Treasury Announce Pivotal Steps in Tax Compliance and Technology Modernization Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have officially called for public comments concerning the implementation of Saver’s Match contributions, a key feature …
Unlocking New Savings Potential: How the Treasury’s Saver’s Match Could Revolutionize Retirement for Millions Read More WASHINGTON, D.C. — As the September 16, 2024 deadline approaches, the Internal Revenue Service (IRS) has issued a reminder to taxpayers regarding the submission of their third quarter estimated tax …
Deadline Looms: Discover What the IRS’s Latest Tax Reminder Means for You and Disaster-Affected Taxpayers Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS), buoyed by funding from the Inflation Reduction Act (IRA), is revolutionizing its taxpayer services by rolling out advanced online tools designed to …
IRS Unveils Cutting-Edge Online Tools: How New Platform Transforms Clean Energy Credits for Taxpayers Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has reiterated a crucial opportunity for employers to support their employees’ financial well-being through educational assistance programs. These programs, traditionally utilized for …
Unlock Hidden Benefits: How IRS Educational Programs Can Slash Your Student Loan Debt! Read More
WASHINGTON, D.C. — As summer comes to a close, the Internal Revenue Service (IRS) is urging taxpayers to reassess their tax withholding and payment strategies. This proactive step aims to …
Don’t Get Caught Off Guard: IRS Warns Taxpayers to Act Now or Face Big Surprises! Read More
WASHINGTON, D.C. — As the new academic year approaches, the Internal Revenue Service (IRS) has issued a reminder to educators about the $300 deduction available for classroom expenses in 2024. This …
IRS Reminds Teachers of Deduction for Classroom Expenses in 2024 Read More