Businesses may be owed COVID-era employee retention credit refunds, but a strict two-year deadline is approaching. What businesses need to do.
The US government is appealing a court decision on COVID tax refunds, but experts say keep filing your claims by July 10.
Americans scrolling through social media are encountering a flood of posts claiming new federal stimulus checks are arriving this month, but the IRS has issued a stern warning that these viral claims ...
The IRS is reinstating the practice of issuing these letters in response to numerous informal comments from taxpayers and ...
The IRS Large Business & International (LB&I) Division published an Interim Guidance Memorandum (IGM) on July 23, 2025, implementing three changes to current LB&I audit procedures. 1 Specifically, the ...
The Internal Revenue Service and the Treasury Department released interim guidance on a special depreciation allowance for qualified production property under the One Big Beautiful Bill Act.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Santa Claus impersonators are specifically included in the "no tax on tips" deduction.
The Internal Revenue Service is urging the public to take action now and start preparing for the 2026 tax filing season as new policy shifts, filing options and other major changes go into effect.
According to Leavitt, more than 53 million filers claimed at least one of the administration’s signature tax breaks this ...
Uncashed checks can be an administrative headache for retirement plans, potentially raising fiduciary and compliance concerns. Why? When cutting a check to a participant for payment of benefits under ...