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IRS still finalizing some forms for e-file acceptance

At the present time, the IRS is still finalizing some forms for the e-file acceptance. As a result, there could be rejections or errors on the e-file in certain forms or schedules are e-filed as part of the tax return. The U.S. Government Accountability Office GAO "...  provides fact-based, nonpartisan information to Congress. Often called

By |2024-02-19T04:26:10+00:00February 19th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , , , , , |

IRS moratorium on ERC claims and how to combat fraud

On September 14th, 2023, the IRS released their IRS Newswire IR-2023-169 for the immediate stop to the new Employee Retention Credit as they were flooded with fraudulent claims, or as the IRS wrote "questionable claims".  This stop would be at least until the end of the year. This moratorium happened less than ten days after

By |2023-09-26T03:23:22+00:00September 17th, 2023|Categories: Business|Tags: , , , , , , , , , , , , , , |
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