Instead, the IRS says the money is being invested in improved customer service following years of snarls during the pandemic, as well as to increase the number of audits on people with more than $ ...
The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite ...
IRS audits aren’t new and recent news is no exception. Due to an influx of funding from the Inflation Reduction Act (IRA), the federal tax agency has been cracking down on high-income and ...
To facilitate this, the IRS established a new team within its Large Business and International Division, focusing on audits and compliance for partnerships and similar entities, with more agents ...
The IRS is dealing with a couple of big issues involving TikTok. It turns out some IRS employees aren't complying with the government-wide ban on the Chinese-owned app on federal devices.
A colleague recently was audited by the IRS. Do you have any tips for preventing an audit on my tax return? The word “audit” ...
Recognizing this, in mid-August the IRS spearheaded the formation of the ... The aim: fight the surge of tax-related scams and schemes that have recently intensified. The coalition includes ...
BATON ROUGE, La. (BRPROUD) — The IRS is giving people and businesses in Louisiana more time to file taxes and make payments because of Hurricane Francine. The storm hit the coast on Wednesday, Sept.
After decades of stable electricity demand in the US, a new report from ICF (Nasdaq: ICFI) predicts a significant surge starting this decade. The global consulting and tech services provider’s ...
Thus, an IRS Form 926 must be filed if: (i) a U.S. person (ii) transfers property to a foreign corporation (iii) in a transfer that qualifies under one of the tax-free corporate provisions.
But while the federal Treasury Secretary indicated more than 700,000 Maryland taxpayers will be able to file their taxes online for free directly with the IRS this coming year, the state and its ...