As an attorney helping clients with audits, I see simple mistakes turn into big problems. If you are a small business owner, you must follow the record keeping rules and…
A file photo of a Red Audit stamp on a US 1040 individual income tax return. Photographed at 50mp ... with the Canon EOS 5DSR and the 100mm 2.8L lens.Getty…
IRS Lead Counsel Memo 202317020 (March 29, 2023) Available in https://www.irs.gov/pub/irs-wd/202317020.pdf The IRS Office of General Counsel has released a memo that addresses the justification requirements for dependent care and…
Form 8915-F (Qualified Disaster Retirement Plan Distributions and Refunds) and Instructions (Revised January 2023) Shape Instructions The IRS has issued revised Form 8915-F and Instructions for Individual Taxpayers to Report…
The National Debt Clock sign is displayed next to an Internal Review Service office in the city center ... Manhattan on August 2, 2011 in New York City. The national…
For the second year in a row, the Treasury Department has issued a revenue proposal to clarify the tax treatment of Earned Wage Access (EWA) payment arrangements. A director of…
Fraud or text phone scam.getty A group of senators is urging the IRS to take action on the possible use of artificial intelligence (AI) in scams targeting taxpayers and tax…
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