LATEST NEWS
Tax credits for college students
In the IRS Tax Tip 2022-123, the IRS reminds college
Selling your home? Selling your rental property?
If you are selling or thinking of selling your home or rental property, the IRS has special resources
Employee Retention credit still available – Up to $26k per employee
The Employee Retention Credit (ERC) is a fully refundable credit that targets businesses with employees (w2s) in 2020
Wedding summer season starting soon – Tax implications
In the IRS Tax Tip 2022-77, the IRS lists some of the tax changes that might occur when
The IRS destroyed over 30m paper returns
According to a new report from the Treasury Inspector for Tax Administration, the IRS would have destroyed more
MORE NEWS
The IRS destroyed over 30m paper returns
According to a new report from the Treasury Inspector for Tax Administration, the IRS would have destroyed more than 30 million paper
IRS reminds to report gig economy, crypto, foreign income and assets
In the IR-2022-45, the IRS reminds taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual
IRS suspends mailing of additional letters and plans hiring of 10,000 full time workers
In early February, the IRS announced the suspension of more than a dozen additional letters, including the mailing of automated collection notices