IRS March 13, 2025
Tax Refund Schedule 2025 – With One Month Left, When Will Refunds Come?
This article includes a handy reference chart to estimate when you may receive your 2025 income tax refund. The author received his in under 10 days.
Income Tax March 13, 2025
Online Tax Advice Can Lead to IRS Trouble and Criminal Charges
The IRS has long warned taxpayers of scams targeting them and their personal and financial data, particularly around tax season.
March 13, 2025
Florida Sheriff’s Deputies Get Light Sentence for $41,000 PPP Scam
A federal judge on Wednesday gave the deputies strikingly lenient sentences after finding them guilty of falsifying their Paycheck Protection Program applications.
Taxes March 13, 2025
Navigating Form 6765: What CPAs Must Know for R&D Tax Compliance
By staying ahead of the recent changes the IRS made to Form 6765, accountants and other tax professionals can help businesses maximize their R&D credits while minimizing the risk of IRS audits and compliance issues.
Taxes March 13, 2025
Tax-Related Scams Set to Increase as April 15 Filing Deadline Nears
If the last month before Tax Day this year is anything like the last few weeks of tax season 2024, expect a significant surge in tax-related scams as cybercriminals try to exploit unsuspecting taxpayers, warns security software company DNSFilter.
Taxes March 13, 2025
IRS Says Time is Running Out to Claim 2021 Tax Refunds
The IRS estimates that more than 1 million people across the country may have unclaimed tax refunds from tax year 2021, and they have until April 15 to submit their federal return.
Taxes March 11, 2025
IRS: Average Tax Refund Amount Up 6.3% From This Time Last Year
The average tax refund amount for tax returns filed through Feb. 28 was $3,382, about 6.3% higher than the average refund of $3,182 through Mar. 1, 2024, the IRS said last week.
IRS March 10, 2025
House Unveils Trump-Backed Bill to Avert Government Shutdown
The bill would claw back $20.2 billion in spending for the Internal Revenue Service passed as part of President Joe Biden’s signature green-energy Inflation Reduction Act.
Taxes March 7, 2025
AICPA Releases Statement on IRS Services for this Tax Season
In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released the following statement.
Taxes March 7, 2025
The Tax Blotter – March 7, 2025
The Tax Blotter is a round-up of recent tax-related news briefs.
Taxes March 7, 2025
Can a U.S. Tax Court Decision Be Appealed?
Even though the Tax Court is commonly thought of as the forum of last resort for appealing tax bills and other IRS issues, there is a way to appeal a Tax Court ruling. However, the chances of success of these appeals are often relatively low.
Financial Reporting March 6, 2025
AICPA Says BOI Enforcement Freeze is Good Step, But Wants Clarification
The AICPA awaits the release of additional details later this month but believes that Treasury is headed in the right direction with this decision.