Nov 2, 2023 | News to Note
From the Wall Street Journal – By Richard Rubin – The Internal Revenue Service won a $109 million victory in federal court that will help the tax agency combat aggressive corporate tax maneuvers and collect more money from other companies. The IRS defeated...
Oct 25, 2023 | News to Note
From ConsumerFraudReporting.org — Below is ConsumerFraudReporting.org’s list of the top 10 scams of 2023, to date. The list is continually updated. We have a side-by-side comparison of other reporting agencies’ top 10 scam lists here. The FTC’s...
Oct 18, 2023 | News to Note
From Accounting Today — By Roger Russell — The working group being formed by the Internal Revenue Service to go after high-net-worth taxpayers that utilize pass-throughs and complex tax strategies to minimize their tax obligations has been called a game-changer,...
Oct 4, 2023 | News to Note
From the IRS — WASHINGTON — The Internal Revenue Service is reminding taxpayers about the upcoming tax filing extension deadline. To avoid a possible late filing penalty, those who requested an extension to file their 2022 tax return should file their Form 1040 on...
Sep 27, 2023 | News to Note
From Forbes — By Kelly Phillips Erb — The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.6% in August after rising 0.2% in July. You won’t just feel the impact of those boosts in your wallet—you’ll also see...
Sep 20, 2023 | News to Note
From the Kiplinger Personal Finance — By Kelley R. Taylor — Due to an alarming onslaught of ERC scams and fraud, the IRS now won’t accept new employee retention tax credit claims. Due to an increase in ERC tax credit scams and fraud and to protect honest business...
