News & Updates
IRS Update | August 16, 2024
August 16, 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 protect revenue
IRS Update | August 15, 2024
August 15, 2024
IRS provides details of second Employee Retention Credit Voluntary Disclosure Program; program for improper claims open through Nov. 22
IRS Update | August 15, 2024
August 15, 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
IRS Update | August 15, 2024
August 15, 2024
IRS accepting applicants for 2025 Compliance Assurance Process with expanded eligibility criteria
IRS Update | August 15, 2024
August 15, 2024
IRS reminds truckers of upcoming tax deadline
IRS Update | August 14, 2024
August 14, 2024
IRS encourages organizations planning to claim elective pay to complete pre-filing registration now for 2023 tax year
IRS Update | August 13, 2024
August 13, 2024
Hurricane Debby relief expanded to all of Vermont; various deadlines postponed to Feb. 3, 2025
IRS Update | August 13, 2024
August 13, 2024
IRS, Security Summit release new Written Information Security Plan to help tax pros protect against identity thieves, data risks
IRS Update | August 12, 2024
August 12, 2024
IRS provides relief to Minnesota victims of severe storms, flooding; various deadlines postponed to Feb. 3, 2025
IRS Update | August 12, 2024
August 12, 2024
IRS reminds taxpayers of convenient option to electronically request relief for certain late-filed international documents, forms for those not under examination
IRS Update | August 9, 2024
August 09, 2024
IRS updates draft version of Form 1099-DA, Digital Asset Proceeds From Broker Transactions; requests comments on form planned for 2025
IRS Update | August 9, 2024
August 09, 2024
IRS relief now available to Hurricane Debby victims in all of South Carolina, most of Florida and North Carolina, part of Georgia; various deadlines postponed to Feb. 3, 2025
IRS Update | August 8, 2024
August 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
IRS Update | August 7, 2024
August 07, 2024
Department of Treasury and IRS release Inflation Reduction Act clean energy statistics
IRS Update | August 6, 2024
August 06, 2024
Multi-factor authentication: Key protection to tax professionals’ security arsenal now required
IRS Update | July 30, 2024
July 30, 2024
Security Summit: Identity Protection PINs, IRS Online Account protect against tax-related identity theft
IRS Update | July 29, 2024
July 29, 2024
IRS Whistleblower Office celebrates National Whistleblower Day; over $7 billion in collected proceeds thanks to whistleblowers
IRS Update | July 26, 2024
July 26, 2024
Updated frequently asked questions on New, Previously Owned and Qualified Commercial Clean Vehicle Credits now available from the IRS
IRS Update | July 26, 2024
July 26, 2024
IRS shares more warning signs of incorrect claims for the Employee Retention Credit; urges businesses to proactively resolve erroneous claims to avoid penalties, interest, audit
IRS Update | July 25, 2024
July 25, 2024
IRS continues to expand taxpayer services and online tools, key milestones reached with Inflation Reduction Act funding