Taxes June 28, 2023
The AICPA supports altering the due dates for estimated tax payments, stressing that it would be better to more closely tie payment due dates to the normal quarter date, which is traditionally 15 days after the quarter end.
Taxes June 23, 2023
The panel voted along party lines to make public 400 pages of transcripts from interviews with two IRS employees.
Taxes June 22, 2023
The system uses thousands of machine learning models trained with millions of tax returns, AI algorithms, and generative AI technology.
Taxes June 22, 2023
The IRS seeks to finally collect on a ballooning tax bill for the 16-year NFL star and his wife that dates back 25 years.
Taxes June 21, 2023
The panel scheduled the June 22 meeting on Tuesday hours after Hunter Biden agreed to plead guilty to tax evasion charges.
Taxes June 21, 2023
In her midyear report to Congress, National Taxpayer Advocate Erin Collins shared several IRS improvements this filing season.
Taxes June 20, 2023
House Democrats’ latest proposal to expand the child tax credit includes a new feature: a $2,000 payment for newborn babies.
Technology June 15, 2023
In addition to training sessions for IRS representation, the partnership will enable attorneys and law firms to explore adding new revenue streams to their practices with tax resolution services.
Taxes June 15, 2023
The IRS miscalculated 2021 child tax credit payments for thousands of eligible taxpayers as of May 5, 2022, TIGTA said.
Taxes June 15, 2023
Here are several key points about the home sale exclusion that you should know about before you hand over the keys.
Taxes June 15, 2023
The IRS is reminding taxpayers that they may qualify for expanded home energy credits in 2023 (IR-2023-97, 5/4/23) There are two types of credits.
Accounting June 14, 2023
While primarily targeted at companies maintaining more than 5,000 client records (think tax returns), certain safeguard components are required for firms with fewer than 5,000 records.