| Date | Title | Description |
| 21.11.2024 | IRS Advisory Council issues 2024 annual report | IR-2024-293, Nov. 20, 2024
WASHINGTON — The Internal Revenue Service Advisory Council (IRSAC) today issued its annual public report, including recommendations to the IRS on new and continuing issues in tax administration.
The 2024 IRSAC Pub... |
| 20.11.2024 | IRS Partners with Mission IT to Modernize Operations with Red Hat Technology | In a significant move to enhance its operational efficiency, the Internal Revenue Service (IRS) has awarded a $43 million Blanket Purchase Agreement (BPA) to Team Mission ITFED. This partnership, announced on November 19, 2024, aims to leve... |
| 19.11.2024 | Mission IT and IT Federal Sales Awarded $43M Red Hat Blanket Purchase Agreement at Internal Revenue Service | Mission IT and IT Federal Sales Awarded $43M Red Hat Blanket Purchase Agreement at Internal Revenue Service
The BPA, valued at $43M over five years, will enable Team Mission ITFED to provide the IRS with the Red Hat support and expertise it... |
| 19.11.2024 | Моя петиция EB-1A на грин-карту талантов, одобренная с первой попытки | Я писал петицию 4 месяца фул‑тайм, с 22 июня 2023, отправил 30 ноября и получил одобрение 14 декабря без дополнительных запросов. Заехал в США и стал резидентом 3 ноября 2024.
Я не юрист, поэтому ничто здесь не юридическая рекомендация, а п... |
| 15.11.2024 | National News | How They Voted: Colorado congressional votes for Nov. 8-14, 2024 | YEAS: Lamborn
TAXES AND TERRORISM: The House has rejected the Stop Terror-Financing and Tax Penalties on American Hostages Act (H.R. 9495), sponsored by Rep. Claudia Tenney, R-N.Y. The bill would have postponed tax filing deadlines and fine... |
| 15.11.2024 | After 4 Challenging Years, Here Are 3 Ways the Incoming Trump Administration Can Revitalize Franchising The President of the International Franchise Association explains 3 ways the incoming Trump Admi... | Of all the twists and turns in the 2024 election — debate meltdowns, assassination attempts, candidate swaps, garbage trucks — one of the most enduring scenes involved President-Elect Donald Trump's turn behind the fryer at a Pennsylvania M... |
| 14.11.2024 | The Business Landscape Under Trump: A Double-Edged Sword | Donald Trump is back. The 47th president of the United States is set to take office in January 2025. For many, this brings a mix of excitement and trepidation. For business owners, it’s a pivotal moment. The potential for profit is as brigh... |
| 12.11.2024 | Mark Hilburger joins Mission IT as Head of Business Development | (APPROVED FOR PUBLIC RELEASE) Mark Hilburger Joins Mission IT
Mission IT, a rapidly growing technology consultancy focused on the U.S. Defense, Intelligence, and Civilian markets, taps Public Sector executive Mark Hilburger as Head of Busin... |
| 11.11.2024 | 3 Major Reasons Why Donald Trump's Second Term Will Benefit My Business and Increase Profits Reducing taxes, eliminating unnecessary regulations and fostering a pro-business environment will significa... | Donald Trump will be the country's 47th president in January. He comes with a lot of baggage, and there are many reasons why people didn't vote for him. This column is not about that.
This is about business. When you consider a second Trump... |
| 09.11.2024 | Navigating the Waters of Business Ownership: Essential Steps After Forming an LLC | Starting a Limited Liability Company (LLC) is like planting a seed in fertile soil. The excitement of ownership is palpable, but the journey has just begun. Just as a gardener nurtures their plants, new business owners must cultivate their ... |
| 09.11.2024 | Court Permanently Enjoins Miami Tax Return Preparers, Orders Them to Pay Disgorgement | The U.S. District Court for the Southern District of Florida issued a permanent injunction yesterday against Miami tax return preparer Niclas Pierre, and his tax return preparation business, Niclas Tax and Express Inc. The court also issued... |
| 08.11.2024 | IRS: Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year | IR-2024-287, Nov. 7, 2024
WASHINGTON — The Internal Revenue Service reminds taxpayers that during open enrollment season for flexible spending arrangements (FSAs) they may be eligible to use tax-free dollars to pay medical expenses not cove... |
| 08.11.2024 | The 10 Most Important Things to Do After Starting an LLC | Share
Tweet
Share
Share
Email
Starting an LLC is an exciting step toward business ownership. You have filed all of the paperwork, and it’s now official-you are launched with a legal entity that will protect your assets but allow you to cond... |
| 08.11.2024 | Trump won’t end ‘double taxation’ of Americans overseas, accountancy firm warns | - |
| 08.11.2024 | IRS publishes 2024 Financial Report; resolves longstanding significant deficiency | IR-2024-286, Nov. 7, 2024
WASHINGTON — The Internal Revenue Service today released financial information and highlighted selected accomplishments and challenges in its fiscal year 2024 Financial Report PDF.
During fiscal year 2024, the IRS ... |
| 04.11.2024 | The Retirement Crisis: A Bipartisan Concern | The American dream is fading. For many, retirement feels like a distant mirage. A recent survey by the National Institute on Retirement Security (NIRS) reveals a troubling consensus: the state of retirement in the U.S. is alarming. Both Dem... |
| 04.11.2024 | New ez1095 2024 ACA Electronic Version Complies With IRS Efile Regulation, For Businesses and HR | halfpricesoft.com
ez1095 Released 2024 version for electronic and paper filing deadlines
Just released, ez1095 2024 ACA software supports in-house efile processing to accommodate companies with the new IRS efile regulation requirements. Tes... |
| 01.11.2024 | 401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000 | IR-2024-285, Nov. 1, 2024
WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.
The IRS today also issued techn... |
| 29.10.2024 | National Cybersecurity Awareness Month reminder: IRS and Security Summit supply online safety tips | IR-2024-283, Oct. 28, 2024
WASHINGTON — As National Cybersecurity Awareness Month concludes and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to be wary of onl... |
| 25.10.2024 | IRS relief now available to flood victims in the Juneau area; multiple deadlines postponed to May 1, 2025 | IR-2024-282, Oct. 25, 2024
WASHINGTON — The Internal Revenue Service today announced disaster tax relief for individuals and businesses in the Juneau area of Alaska, affected by flooding that began on Aug. 5, 2024.
Affected taxpayers now ha... |
| 25.10.2024 | Treasury, IRS issue final regulations for the Advanced Manufacturing Production Credit | IR-2024-281, Oct. 24, 2024
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued final regulations to provide guidance for the Advanced Manufacturing Production Credit established by the Inflation Reducti... |
| 25.10.2024 | Treasury and IRS issue guidance for the Energy Efficient Home Improvement Credit | IR-2024-280, Oct. 24, 2024
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued Revenue Procedure 2024-31 PDF and proposed regulations to provide guidance for the Energy Efficient Home Improvement Credit... |
| 24.10.2024 | Treasury, IRS grant filing exception for tax-exempt organizations from filing new Form 4626, Alternative Minimum Tax - Corporations | IR-2024-277, Oct. 23, 2024
WASHINGTON â The Department of the Treasury and the Internal Revenue Service today granted a filing exception for tax-exempt organizations; they do not have to file Form 4626, Alternative Minimum Tax â Corpora... |
| 24.10.2024 | IRS reminder to disaster area taxpayers with extensions: Parts of 8 states need to file 2023 returns by Nov. 1; others have until Feb. 3 or May 1 | IR-2024-279, Oct. 23, 2024
WASHINGTON â Now that the Oct. 15 extension deadline has come and gone, the Internal Revenue Service today reminded disaster-area taxpayers who received disaster extensions to file their 2023 returns that, depen... |
| 24.10.2024 | IRS encourages all taxpayers to sign up for an IP PIN for the 2025 tax season | IR-2024-278, Oct. 23, 2024
WASHINGTON — As the 2025 tax season approaches, the IRS encourages all taxpayers to take an important step to safeguard their identity by signing up for an identity protection personal identification number (IP PI... |
| 23.10.2024 | New 'Tax Truths' Report Reveals Financial Realities of Low-to-Moderate Income Tax Filers | Explore the real stories of tax filers navigating the federal tax system in our latest Tax Truths report. Gain insights from a diverse range of individuals and their experiences.
Change Machine's Tax Truths report reveals how tax refunds su... |
| 23.10.2024 | National Politics | Here are 4 campaign promises from Trump. What are their chances if he wins? | Trump — who also has pledged to exempt tips and overtime pay from taxation — began floating the idea of eliminating taxes on Social Security during rallies and on his Truth Social account this summer.Related Articles
National Politics | Har... |
| 22.10.2024 | IRS announces launch of pass-through compliance unit in LB&I; new group brings together teams of specialists from across the agency to tackle large or complex exams | IR-2024-276, Oct. 22, 2024
WASHINGTON — The Internal Revenue Service today announced the new pass-through field operations unit announced last fall has officially started work in its Large Business and International (LB&I) division to m... |
| 22.10.2024 | IRS reminds tax professionals to renew PTINs for 2025 tax season | IR-2024-274, Oct. 22, 2024
WASHINGTON — The Internal Revenue Service today announced that preparer tax identification number (PTIN) renewals for 2025 are now being processed.
The nation’s more than 810,000 tax return preparers must renew th... |
| 22.10.2024 | IRS releases tax inflation adjustments for tax year 2025 | IR-2024-273, Oct. 22, 2024
WASHINGTON — The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025.
Revenue Procedure 2024-40 PDF provides detailed information on adjustments and changes to more than 60 ... |
| 19.10.2024 | Treasury, IRS issue guidance for the Sustainable Aviation Fuel Credit | IR-2024-272, Oct. 18, 2024
WASHINGTON — The Treasury Department and Internal Revenue Service today issued Notice 2024-74 PDF for the Sustainable Aviation Fuel (SAF) credit created by the Inflation Reduction Act.
The SAF credit ranges from $... |
| 12.10.2024 | IRS relief now available to Watch Fire victims in the San Carlos Apache Tribe in Arizona; multiple deadlines postponed to Feb. 3, 2025 | IR-2024-268, Oct. 11, 2024
WASHINGTON — The Internal Revenue Service today announced disaster tax relief for individuals and businesses of the San Carlos Apache Tribe in the state of Arizona affected by the Watch Fire that began on July 10,... |
| 12.10.2024 | IRS announces extension of time for certain applicable entities to make an elective payment election on Form 990-T | IR-2024-267, Oct. 11, 2024
WASHINGTON — The Internal Revenue Service announced today in Revenue Procedure 2024-39 PDF.
that grants certain applicable entities that are making an elective payment election a six-month automatic extension of t... |
| 12.10.2024 | IRS help available to victims of Hurricanes Helene and Milton; May 1 deadline now applies to individuals and businesses | IR-2024-266, Oct. 11, 2024
WASHINGTON — In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service today reassured victims that it stands ready to provide the tax-rela... |
| 11.10.2024 | For Whatever Reason, NASA’s Inspector General Has Decided To Buy Itself Some Clearview Access | Get ready for some more unexpected uses of the world’s most controversial facial recognition tech. Clearview has amassed a 10-billion-image database — not through painstaking assembly but by sending its bots out into the open web to downloa... |
| 11.10.2024 | IRS provides Hurricane Milton relief; May 1 deadline now applies to individuals and businesses in all of Florida; many businesses qualify for deposit penalty relief | IR-2024-264, Oct. 11, 2024
WASHINGTON — Due to Hurricane Milton, the Internal Revenue Service today announced relief for individuals and businesses in 51 counties in Florida.
Individuals and businesses in six counties that previously did no... |
| 11.10.2024 | IRS granting dyed diesel penalty relief as a result of Hurricane Milton | IR-2024-265, Oct. 11, 2024
WASHINGTON — In response to disruptions resulting from Hurricane Milton, the Internal Revenue Service will not impose a penalty when dyed diesel fuel with a sulfur content that does not exceed 15 parts-per-million... |
| 10.10.2024 | The Health Care Tightrope: Immigration Status and Medicare Advantage | In the vast landscape of American health care, two significant issues are unfolding: the treatment of immigrants in hospitals and the growing influence of Medicare Advantage plans. Both topics reveal a complex interplay of policy, economics... |
| 10.10.2024 | IRS releases 2022 tax gap projections; voluntary compliance rate among taxpayers remains steady | IR-2024-262, Oct. 10, 2024
WASHINGTON — The Internal Revenue Service today released the tax gap projections for tax year 2022, a detailed analysis showing the nation’s projected gross tax gap at $696 billion. This reflects the difference be... |
| 10.10.2024 | IRS accelerates work on Employee Retention Credit claims; agency currently processing 400,000 claims worth about $10 billion | IR-2024-263, Oct. 10, 2024
WASHINGTON —The Internal Revenue Service announced today continued progress on Employee Retention Credit claims, with processing underway on about 400,000 claims, representing about $10 billion of eligible claims.... |
| 09.10.2024 | Navigating the Retirement Savings Maze: Unconventional Strategies for a Secure Future | Retirement savings can feel like a daunting mountain to climb. Many Americans find themselves staring up at the peak, overwhelmed by rising living costs and unexpected expenses. According to recent surveys, over half of Americans are behind... |
| 09.10.2024 | Attorney General Josh Stein Reaches $52 Million Multistate Data Breach Settlement with Marriott | For Immediate Release:
Wednesday, October 9, 2024
Contact:
Nazneen Ahmed (919) 716-0060
(RALEIGH) Attorney General Josh Stein and a bipartisan group of 50 attorneys general reached a settlement with Marriott International, Inc. after an inv... |
| 08.10.2024 | Health | The Medicare Advantage influence machine | David Lipschutz, an attorney with the Center for Medicare Advocacy, a nonprofit public interest law firm, said policymakers have an unsettling history of yielding to industry pressure. “The health plans throw a temper tantrum and then CMS w... |
| 08.10.2024 | Hidden Gems: 15 Unexpected Ways to Grow Your Retirement Nest Egg One of the most important financial goals you will ever have is saving for retirement. Despite this, many people struggle to save enoug... | One of the most important financial goals you will ever have is saving for retirement. Despite this, many people struggle to save enough money for retirement due to rising living costs, unexpected expenses, and a lack of clear financial pla... |
| 07.10.2024 | IRS reminds taxpayers of Oct. 15 tax-filing extension deadline; combat zones, disaster areas, Israel have more time | IR-2024-260, Oct. 7, 2024
WASHINGTON — The Internal Revenue Service today encouraged taxpayers to file their 2023 tax year federal income tax return on or before the upcoming Tuesday, Oct. 15, 2024, deadline to avoid possible late filing pe... |
| 07.10.2024 | Treasury and IRS issue final regulations identifying syndicated conservation easement transactions as abusive tax transactions | IR-2024-259, October 7, 2024
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain syndicated conservation easement transactions as "listed transactions" – ... |
| 04.10.2024 | Tax Relief for Victims of Hurricane Helene | On October 1, 2024, the Internal Revenue Service published IRS Notice 2024-253 to provide tax relief for those affected by Hurricane Helene. The Office of Tax and Revenue (“OTR”) will also extend the tax filing and payment deadlines for aff... |
| 03.10.2024 | The Rising Tide of Brand Marketing and Data Protection in America | In the bustling world of business, two currents are gaining momentum: brand marketing and data protection. Both are essential for survival in today’s digital landscape. One fuels growth; the other shields against threats. Let’s dive into th... |
| 03.10.2024 | IRS relief now available to wildfire victims in parts of Washington; multiple deadlines postponed to Feb. 3, 2025 | IR-2024-256, Oct. 3, 2024
WASHINGTON — The Internal Revenue Service today announced disaster tax relief for individuals and businesses in the Confederated Tribes and Bands of the Yakama Nation in Washington state affected by wildfires that ... |
| 02.10.2024 | Florida Tax Return Preparer Agrees to Permanent Injunction and to Pay $85,000 in Ill-Gotten Gains | The U.S. District Court for the Southern District of Florida issued a permanent injunction yesterday against West Palm Beach, Florida, tax return preparer Gregory Salgado, both individually and doing business as GMJ Real Investments Inc. an... |
| 02.10.2024 | Business | As hacks surge, protect your Social Security number | How to lock your Social Security number with E-Verify
E-Verify is a system many employers use to confirm people’s employment eligibility. You can create a myE-Verify account to place a “Self Lock” with E-Verify. Locking your SSN prevents an... |
| 01.10.2024 | The Crypto Crossroads: Trials, Tribulations, and Transitions | The world of cryptocurrency is a wild ride. It’s a landscape filled with promise and peril. Recently, two significant events have rocked this volatile terrain. A Utah judge has allowed a lawsuit against Green United to proceed, while Coin C... |
| 01.10.2024 | IRS extends relief to farmers and ranchers impacted by drought in 41 states, other regions | IR-2024-248, Sept. 30, 2024
WASHINGTON — The Internal Revenue Service today issued guidance providing tax relief for farmers and ranchers in applicable regions forced to sell or exchange livestock because of drought conditions.
Under the gu... |
| 01.10.2024 | IRS releases draft Form 7217, Partners Report of Property Distributed by a Partnership, for public comment | IR-2024-249, Sept. 30, 2024
WASHINGTON — The Internal Revenue Service requested public comments on draft Form 7217 PDF and Instructions for draft Form 7217 PDF today.
The IRS on Aug. 28, 2024, posted revised draft Form 7217 PDF, with the ne... |
| 30.09.2024 | Founding Coin Center Chief Jerry Brito Stepping Down After Decade | The top officials at the crypto think tank Coin Center are leaving as the group celebrates its first decade.
Executive Director Jerry Brito and Senior Policy Counsel Robin Weisman are out at the end of the year, and Peter Van Valkenburgh wi... |
| 30.09.2024 | National Politics | What is ballot gathering? And what are the laws around this controversial practice? | Is there a potential for fraud?
Experts say there is “very low risk” for fraud with ballot collecting by third parties. In a 2018 congressional election in North Carolina, a political operative for the Republican candidate faced allegations... |
| 28.09.2024 | Florida Tax Return Preparer Agrees to Shut Down Tax Prep Business and to Pay $134,400 | The U.S. District Court for the Southern District of Florida issued a permanent injunction today against Fort Lauderdale, Florida, tax return preparer Dexter Bataille, individually and doing business as Capital Financial Group Holdings LLC.... |
| 20.09.2024 | Justice Department Seeks to Bar Texas Tax Return Preparer | The Justice Department filed a civil complaint today in the U.S. District Court for the Northern District of Texas to enjoin John T. Ajuma, aka John Trobisch, from preparing federal tax returns for others.
The complaint alleges Ajuma prepar... |
| 19.09.2024 | The Glass Revolution: How Premium Packaging is Shaping the Ready-to-Drink Cocktail Market | The ready-to-drink (RTD) cocktail market is experiencing a seismic shift. Gone are the days when consumers settled for bland packaging. Today, sleek glass bottles are taking center stage, transforming the way we perceive and enjoy our favor... |
| 17.09.2024 | From Overdue to Overcome — 4 Strategies to Help Entrepreneurs Address Back Tax Issues Stop ignoring your back taxes before they sink your business. Here are four proven strategies to tackle your tax t... | As the April 15, 2024, tax filing deadline has come and gone, many entrepreneurs and small business owners are left grappling with back tax issues. Recent challenges have compounded these problems, making now a critical moment for business ... |
| 13.09.2024 | IRS provides relief to Francine victims in all of Louisiana; various deadlines postponed to Feb. 3, 2025 | IR-2024-236, Sept. 13, 2024
WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. 10, 2024.
These taxpay... |
| 12.09.2024 | IRS issues proposed regulations for Corporate Alternative Minimum Tax | IR-2024-235, Sept. 12, 2024
WASHINGTON — The Internal Revenue Service today issued proposed regulations to provide guidance on the Corporate Alternative Minimum Tax (CAMT).
The Inflation Reduction Act created the CAMT, which imposes a 15% m... |
| 07.09.2024 | Inflation Reduction Act: US States Aren’t Using Enough of the Available Funds for Climate Action | 4 Mins Read Two years after the IRA passed, a new report found that states have only captured a tiny fraction of the funding available.
By Syris Valentine
When President Joe Biden signed the Inflation Reduction Act, or IRA, into law two yea... |
| 06.09.2024 | Unrealized Capital Gains Tax Proposal Takes Center Stage Ahead of Trump-Harris Debate | Tax Relief Negotiators Banner
The Trump-Harris debate will bring the controversial unrealized capital gains tax proposal into the spotlight, with significant implications for taxpayers.
Introducing an unrealized capital gains tax would chal... |
| 03.09.2024 | Reminder: September is National Preparedness Month; taxpayers should prepare for natural disasters | IR-2024-229, Sept. 3, 2024
WASHINGTON — With the peak of hurricane season arriving and an elevated wildfire risk across much of the West, the Internal Revenue Service reminds taxpayers to develop an emergency preparedness plan or, if they a... |
| 03.09.2024 | Recover Lost Investment in Crypto via Expert Crypto Crime Investigation | Share
Tweet
Share
Share
Email
In the rapidly evolving digital finance landscape, cryptocurrencies have emerged as a significant component of modern investment portfolios. However, with their rise comes an increasing prevalence of cybercrimi... |
| 01.09.2024 | Полиция Техаса потратит $5,3 млн на инструмент с технологией геозонирования | Департамент общественной безопасности Техаса (DPS) подписал контракт стоимостью в $5,3 млн на использование инструментов Tangles и WebLoc израильской компании Cobwebs Technologies, принадлежащей PenLink. Контракт будет действовать пять лет.... |
| 30.08.2024 | Treasury, IRS and DOE announce full applications are open for Qualifying Advanced Energy Project Tax Credit | IR-2024-228, Aug. 29, 2024
WASHINGTON — The U.S. Department of Treasury, the Internal Revenue Service and the U.S. Department of Energy announced today that they received over 800 concept papers — project proposals — seeking a total of near... |
| 29.08.2024 | 10 Significant Ways Your Taxes Will Impacted By A Kamala Harris Administration Most businesses will certainly see their tax bill increase. | Kamala Harris' campaign strategy has been to paint broad strokes about how she would approach the job of President while being mostly vague on policy specifics. To that end — and as of this writing — she hasn't said much about taxes other t... |
| 28.08.2024 | Simplifying Payroll and Check Printing: The Future of Small Business Software | In the fast-paced world of small business, time is money. Every minute spent on tedious tasks is a minute lost in productivity. Fortunately, innovative software solutions are stepping in to change the game. Two standout products from Halfpr... |
| 28.08.2024 | National Politics | Kamala Harris says she’ll cut taxes for the middle class. Is that realistic? | Harris’ promise not to impose new taxes on people below that income level has been a favorite Biden promise for years, As she explained, her plan is building on Biden administration ideas. But Harris added some of her own wrinkles, notably ... |
| 27.08.2024 | Security Summit partners conclude special campaign with reminders to protect tax professionals from identity theft, security threats | IR-2024-224, Aug. 27, 2024
WASHINGTON — Concluding a special summer awareness campaign, the Internal Revenue Service and the Security Summit today urged tax professionals to maintain strong safety measures to protect themselves and their ta... |
| 27.08.2024 | IRS encourages people to do an end-of-summer tax checkup to avoid tax surprises next year | IR-2024-225, Aug. 27, 2024
WASHINGTON — The Internal Revenue Service today encouraged taxpayers to consider using the end of the summer to make tax withholding or payment updates to avoid a potential surprise next year at tax time.
While mo... |
| 23.08.2024 | IRS provides relief to Ernesto victims throughout Puerto Rico; various deadlines postponed to Feb. 3, 2025 | IR-2024-221, Aug. 23, 2024
WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses throughout Puerto Rico affected by Tropical Storm Ernesto that began on Aug. 13, 2024.
These taxpayers now have u... |
| 23.08.2024 | IRS provides relief to South Dakota victims of severe storms, straight-line winds, flooding; various deadlines postponed to Feb. 3, 2025 | IR-2024-222, Aug. 23, 2024
WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses in South Dakota that were affected by severe storms, straight-line winds and flooding that began on June 16, 2024... |
| 22.08.2024 | Revolutionize Your Payroll: File 941 IRS Forms Instantly with ezPaycheck - No IRS Hassle Needed! | Come visit Halfpricesoft.com to learn about the best ways to optimize your payroll and tax filing software.
Halfpricesoft is pleased to announce that starting in Q3 2024, ezPaycheck will be able to file quarterly 941 IRS forms in-app! Small... |
| 21.08.2024 | IRS reminder for schoolteachers: Up to $300 in classroom expenses deductible for 2024 | IR-2024-219, Aug. 21, 2024
WASHINGTON — As educators gear up for the new school year, the IRS reminds schoolteachers that the maximum deduction for classroom expenses in 2024 remains at $300.
This deduction allows educators to offset the co... |
| 21.08.2024 | NIST Releases Second Public Draft of Digital Identity Guidelines for Final Review | Credit: N. Hanacek, B. Hayes/NIST
GAITHERSBURG, Md. — When we need to show proof of identity, we might reach for our driver’s license — or perhaps, sooner than many of us imagine, we may opt for a digital credential stored on a smartphone. ... |
| 21.08.2024 | Interest rates remain the same for the fourth quarter of 2024 | IR-2024-220, Aug. 21, 2024
WASHINGTON — The Internal Revenue Service today announced interest rates will remain the same for the calendar quarter beginning Oct. 1, 2024.
For individuals, the rate for overpayments and underpayments will be 8... |
| 20.08.2024 | IRS, Security Summit highlight “Security Six” and key steps for tax pros to protect themselves | IR-2024-218, Aug. 20, 2024
WASHINGTON — As data thieves continue evolving their tactics, the Internal Revenue Service and the Security Summit partners today reminded tax professionals of six essential steps to protect their sensitive taxpay... |
| 19.08.2024 | Child and Dependent Care tax credit can help offset summer day camp expenses | IR-2024-216, Aug. 19, 2024
WASHINGTON — The Internal Revenue Service today reminded taxpayers that summer day camp expenses may count towards the Child and Dependent Care tax credit.
Many working parents arrange for care of their younger ch... |
| 16.08.2024 | IRS, states, tax industry announce new joint effort to combat growing scams and schemes; ongoing coordination to follow in footsteps of Security Summit’s identity theft efforts to help taxpayers and p... | IR-2024-215, Aug. 16, 2024
WASHINGTON — A coalition representing the Internal Revenue Service, state tax agencies and the spectrum of the nation’s tax industry today announced a new joint effort to combat the growth of scams and schemes thr... |
| 16.08.2024 |
The month in reverse mortgage rates: August 2024 | As discussed in previous reverse mortgage rate updates, the federally insured Home Equity Conversion Mortgage (HECM) is the dominant reverse mortgage in America. As a result, HECM has become synonymous with reverse mortgages.
But did you kn... |
| 16.08.2024 | Governor Cooper and Department of Revenue Secretary Ronald Penny Announce North Carolina will Join IRS Direct File for Tax Filing Season 2025 | Today, Governor Roy Cooper and North Carolina Department of Revenue (NCDOR) Secretary Ronald Penny announced North Carolina will join the Internal Revenue Service (IRS) Direct File program for the upcoming tax filing season. Beginning in 20... |
| 15.08.2024 | IRS reminds truckers of upcoming tax deadline | IR-2024-214, Aug. 15, 2024
WASHINGTON — The Internal Revenue Service reminds those who operate large trucks and buses that the deadline for filing Form 2290, Heavy Highway Vehicle Use Tax Return PDF, is Tuesday, Sept. 3, 2024, for vehicles ... |
| 15.08.2024 | IRS accepting applicants for 2025 Compliance Assurance Process with expanded eligibility criteria | IR-2024-211, Aug. 15, 2024
WASHINGTON — The Internal Revenue Service today announced the opening of the application period for the 2025 Compliance Assurance Process (CAP) program, which will run from Sept. 4 to Oct. 31, 2024.
The IRS will i... |
| 15.08.2024 | IRS reopens Voluntary Disclosure Program to help businesses with problematic Employee Retention Credit claims; sending up to 30,000 letters to address more than $1 billion in errant claims | IR-2024-212, Aug. 15, 2024
WASHINGTON —The Internal Revenue Service announced today a limited time reopening of the Voluntary Disclosure Program to help businesses fix incorrect Employee Retention Credit claims as the agency continues compl... |
| 15.08.2024 | IRS provides details of second Employee Retention Credit Voluntary Disclosure Program; program for improper claims open through Nov. 22 | IR-2024-213, Aug. 15, 2024
WASHINGTON — The Internal Revenue Service urged businesses that have received Employee Retention Credit payments to recheck eligibility requirements and consider the second Employee Retention Credit (ERC) Voluntar... |
| 14.08.2024 | IRS encourages organizations planning to claim elective pay to complete pre-filing registration now for 2023 tax year | IR-2024-210, Aug. 14, 2024
WASHINGTON — The Internal Revenue Service strongly urges qualifying businesses, tax-exempt organizations, and state, local and Indian tribal governments to complete the pre-filing registration process now for proj... |
| 13.08.2024 | Hurricane Debby relief expanded to all of Vermont; various deadlines postponed to Feb. 3, 2025 | IR-2024-209, Aug. 13, 2024
WASHINGTON — The Internal Revenue Service today announced tax relief for individuals and businesses affected by Hurricane Debby in all 14 Vermont counties.
Affected taxpayers in Vermont now have until Feb. 3, 2025... |
| 13.08.2024 | IRS, Security Summit release new Written Information Security Plan to help tax pros protect against identity thieves, data risks | IR-2024-208, Aug. 13, 2024
WASHINGTON — The Internal Revenue Service and the Security Summit partners today announced the availability of a new, updated Written Information Security Plan designed to help protect tax professionals against co... |
| 12.08.2024 | IRS reminds taxpayers of convenient option to electronically request relief for certain late-filed international documents, forms for those not under examination | IR-2024-206, Aug. 12, 2024
WASHINGTON — The Internal Revenue Service today reminded taxpayers of the ability to submit electronic requests for relief for certain late-filed international documents.
As part of a step toward full digitalizati... |
| 08.08.2024 | IRS moves forward with Employee Retention Credit claims: Agency accelerates work on complex credit as more payments move into processing; vigilance, monitoring continues on potentially improper claims | IR-2024-203, Aug. 8, 2024
WASHINGTON — The Internal Revenue Service announced today additional actions to help small businesses and prevent improper payments in the Employee Retention Credit (ERC) program, including accelerating more paymen... |
| 07.08.2024 | Department of Treasury and IRS release Inflation Reduction Act clean energy statistics | IR-2024-202, Aug 7, 2024
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued statistics on the Inflation Reduction Act clean energy tax credits for tax year 2023.
The Inflation Reduction Act, or IRA, ex... |
| 06.08.2024 | Multi-factor authentication: Key protection to tax professionals’ security arsenal now required | IR-2024-201, Aug. 6, 2024
WASHINGTON — The Internal Revenue Service and the Security Summit partners remind tax professionals that using multi-factor authentication is now more than an important protection for their businesses and their cli... |
| 02.08.2024 | Court Permanently Stops Mississippi Professionals and Business from Organizing and Selling “Tax Plans” | The U.S. District Court for the Southern District of Mississippi entered permanent injunctions yesterday against Thomas Walt Dallas, Jason Todd Mardis and Capital Preservation Services LLC to bar them from making statements about tax benefi... |
| 30.07.2024 | The Shifting Landscape of Lafayette: Bank Closures and New Beginnings | Lafayette, Colorado, is a town in transition. The winds of change are blowing through its streets, bringing both challenges and opportunities. Recent announcements about the closure of Chase Bank branches and King Soopers locations signal a... |
| 30.07.2024 | Optima Tax Relief Sheds Light on “New Client” Scams for Tax Pros | Share
Tweet
Share
Share
Email
The IRS has recently highlighted a significant rise in sophisticated scams targeting tax professionals. These scams, often involving phishing schemes, aim to steal sensitive information such as Electronic Filin... |
| 30.07.2024 | IRS Whistleblower Office celebrates National Whistleblower Day; over $7 billion in collected proceeds thanks to whistleblowers | IR-2024-199, July 29, 2024
WASHINGTON — In anticipation of National Whistleblower Appreciation Day on July 30, the Internal Revenue Service Whistleblower Office today recognized the important role whistleblowers play in supporting the natio... |
| 30.07.2024 | Security Summit: Identity Protection PINs, IRS Online Account protect against tax-related identity theft | IR-2024-200, July 30, 2024
WASHINGTON — In the fourth part of a special summer series, the Security Summit partners today reminded tax professionals and taxpayers about the special IRS Identity Protection PIN program and the IRS online acco... |
