Stay informed about recent IRS tax relief measures, eligibility criteria, and automatic penalty relief details for taxpayers facing back taxes from 2020-2021 amidst the COVID-19 pandemic.
Worried about the possibility of an employment tax audit for your business? Here are specific areas the IRS may scrutinize closely.
Get ready for Tax Season 2023 with updates and insights on IRS changes, court rulings, and more. Stay informed about tax filing, deadlines, and significant developments in the ever-evolving tax landscape.
Discover the basics of Offshore Taxes: Learn how to safeguard your wealth and navigate IRS compliance requirements.
A CDPH is an administrative hearing held before the IRS Office of Appeals (“Appeals”) offered only once per tax period for a lien and once for a proposed levy action. Prior to taking forced collection action and shortly right after a lien is filed, the IRS allows a...
It is not uncommon for those who find themselves the subject of an audit to believe that they were unfairly targeted. This is especially true for those who hold foreign assets or business interests. Taxpayers who need to navigate tax compliance with these types of...
October 18th, 2023, from 12:30pm EST to 2pm EST. Panels: IRS Employment Tax Update Legislative Updates - State Employment Taxes
IRC §61: Fringe Benefits & Noncommercial Flight Valuation IRS provides Standard Industry Fare Level cents-per-mile rates and terminal charge in effect for 2nd half of 2023 to determine value of non-commercial flights on employer-provided aircraft under Reg. §...
IRS Issue Number: 2023-38 The IRS’ focus continues on high-income compliance issues, with its plans to hire 3,700 more people and use AI to create a special area focusing on large or complex pass-through entities. While the new Unit will be housed in the IRS Large...
Here is what you have the right to know: When the IRS has finished an audit. The maximum amount of time you have to challenge the IRS' position. How long the IRS can audit a particular tax year How long the IRS can collect on a tax debt. The IRS generally has 3...
