IRS & Tax Updates
Stay up-to-date with IRS news and tax updates relevant to small businesses, insurance professionals, and risk managers. Discover important announcements, compliance issues, and tax implications affecting your industry.
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Challenges Faced in Dealing with International Information Return Penalties
Tax Court Rejects Constitutional Challenges in Mukhi v. Commissioner of Internal Revenue The recent Tax Court case of Mukhi v.…
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Is it advisable for employers with pending IRS ERC claims to pursue a refund lawsuit?
Navigating the Federal Tax Refund Process: Understanding Your Options and Deadlines Recent IRS news regarding the Employee Retention Credit (ERC)…
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WSJ Seems to Endorse Conservation Easements
Analysis of IRS Backdating Issue and Syndicated Conservation Easements: A Closer Look at Recent Developments The recent editorial by the…
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IRS issues new guidance on the low-income communities bonus credit program
Updates to the Section 48(e) Program for the 2024 Program Year New Guidance Issued for Wind and Solar Projects in…
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Latest IRS Updates on Taxes and COVID-19
IRS Guidance and Tax Updates for the Week of December 20, 2021 – December 24, 2021 The Internal Revenue Service…
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Time is Running Out to Claim Your Tax Refund, IRS Warns
Time is Running Out for Americans to Claim Unclaimed Tax Refunds, IRS Warns Time is running out for some Americans…
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IRS Reminds Taxpayers about Transfer of Tax Credits
New Rules Allow U.S. Businesses to Trade Unused Clean Energy Tax Credits for Cash The U.S. business landscape is set…
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IRS Provides Taxpayers with Updates Following Tax Day
IRS Reports Dramatically Expanded Service for Taxpayers in 2024 Tax Filing Season The Internal Revenue Service (IRS) has announced significant…
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IRS Alerts Taxpayers of Potential Unexpected Fees
IRS Warns Taxpayers of Potential Penalties for Not Using Tax Withholding Estimator Taxpayers Warned of Brutal Hit to Wallets if…
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Taxpayers to Receive Larger Refunds as IRS Announces Increase
IRS Issues $659 Million in Tax Refunds for 2023 Fiscal Year The Internal Revenue Service (IRS) has announced that it…
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