The IRS recently made an important announcement on October 19, 2023 regarding the withdrawal process for Employee Retention Credit (ERC)…
Taxes
Last month, IRS Commissioner Danny Werfel announced a series of taxpayer initiatives described as a “top to bottom review of…
In the News On July 3 the Internal Revenue Service warned taxpayers about a mailing that misleads them into believing…
The IRS today announced a withdrawal process for business owners/tax-exempt managers from their Employee Retention Credit (ERC) claims. The IRS…
Last month, citing “rising concerns about a flood of improper Employee Retention Credit (ERC) claims,” the IRS announced a moratorium…
Technology projects often end in disappointment, and in some cases, they lead to significant financial losses for the companies that…
Tax Notes reporter Elodie Lamer discusses the Business for Europe: Framework for Income Taxation (BEFIT) initiative, the European Commission’s latest…
Earlier this year, the IRS got folks talking when it announced it was launching a pilot program for a free…
Online sports betting in New York added $727.4 million in tax revenues in the state’s fiscal 2022-2023 year—and it looks…
Tax season can be a stressful time for many individuals, especially high-income taxpayers. With complex tax laws and ever-changing regulations,…