Internal Revenue Service
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World News
IRS to waive $1 billion in penalties for people and firms owing back taxes for 2020 and 2021
[ad_1] WASHINGTON — The IRS said Tuesday it is going to waive penalty fees for people who failed to pay…
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Pics News
IRS rejects more than 20,000 refund claims for pandemic-related tax credit
[ad_1] IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong |…
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Business
How Innovation Refunds cashed in on the Employee Retention Credit
[ad_1] The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet…
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Pics News
Former IRS contractor pleads guilty to leaking Trump tax records
[ad_1] The Internal Revenue Service building exterior in Washington, D.C., on Thursday Aug. 11, 2022. Sarah Silbiger | The Washington…
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Business
‘Buyer beware.’ Anyone can call themselves a tax preparer. Here’s how to find a qualified professional
[ad_1] Cecilie Arcurs | Getty Images There’s a staffing shortage in the accounting industry, and it’s not too early to…
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Business
IRS plan to use AI may affect wealthy taxpayers. Here’s how
[ad_1] Jeffrey Coolidge | Photodisc | Getty Images The IRS is launching plans with boosted technology and artificial intelligence to…
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Business
Treasury proposes crypto reporting rule to ‘close the tax gap.’ What it means for investors
[ad_1] As the U.S. Department of the Treasury and IRS roll out proposed regulations for crypto tax reporting, experts say…
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