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Tax News

IRS Paperless Processing Initiative

The IRS Paperless Processing Initiative: A New Dawn for Taxpayers with Back Taxes and Unfiled Returns

November 4, 2023

The Internal Revenue Service (IRS) is undergoing a digital transformation with its Paperless Processing Initiative, aiming to make tax filing and correspondence …

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Categories Tax News
Employee Retention Credit (ERC) Withdrawal System

Understanding the Employee Retention Credit (ERC) Withdrawal System

October 19, 2023

Overview The Internal Revenue Service (IRS) has introduced a unique feature allowing businesses to retract their Employee Retention Credit (ERC) claims. This …

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Categories Tax News
tax extension deadline 2023

Tax Extension Deadline 2023: What You Need to Know About Unfiled Taxes

October 11, 2023

The October 16, 2023, tax filing deadline is just around the corner, and you need to understand what this means, especially if …

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Categories Tax Blog
irs crack down

The IRS Crack Down: A New Era of Tax Compliance or a Political Chess Game?

September 11, 2023

by Kelly Hanley, Esq. New Targets: IRS Auditors Cracking Down on 1,600 Millionaires and Millions of Dollars in 2023 The Internal Revenue …

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Categories Tax News
tax prep firms share data

Did tax prep firms share data about millions of US taxpayers? Democrats say Yes.

August 26, 2023

In a world where privacy and data protection are central to individual and business security, recent revelations concerning major tax preparation firms …

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Categories Tax News
Beyonces Taxes

Beyoncé’s Tax Dispute: Insights into the Pop Icon’s Battle with the IRS

September 9, 2023May 30, 2023

Tax disputes often make headlines, and this time, it’s none other than Queen Bey herself, Beyoncé Knowles-Carter, one of the most famous …

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Categories Tax News
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