Business IRS rejects more than 20,000 refund claims for pandemic-related tax credit Nick J Adam Dec 11, 2023 IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia.Alex Wong | Getty… Read More...
Business IRS delays tax reporting rule change for business payments on apps such as Venmo and PayPal Nick J Adam Nov 24, 2023 IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023.Kevin Lamarque |… Read More...
Business Here’s something you don’t often hear from the IRS: Don’t pay your taxes (yet) Nick J Adam Jul 18, 2023 A ball of confusion — that’s what the IRS is today, at least for many Californians.The Internal Revenue Service… Read More...
Business Owe the IRS more in tax than expected? These are the next steps for business owners Nick J Adam Jul 15, 2023 Some small businesses may have received an unwelcome surprise at tax time.As the U.S. continues to emerge from the… Read More...
Business The IRS is cracking down on a popular small business tax break that could lead to a costly audit Nick J Adam Jul 13, 2023 A cottage industry of specialist firms has sprung up to help business owners claim the Employee Retention Credit (ERC),… Read More...
Business IRS weighs guidance for small business tax credit. ‘People were duped,’ taxpayer advocate says Nick J Adam Jul 12, 2023 Erin M. Collins, National Taxpayer Advocate.Source: IRSAfter a flood of business returns with a pandemic-era tax credit,… Read More...
Business The Problem With the IRS Pledge Not to Audit More Earners Under $400,000 Nick J Adam Apr 9, 2023 It might be on your mind this month as you weigh claiming a tax deduction for those new windows in your home office, or… Read More...
Business Newsom, IRS give Californians until October to file tax returns Nick J Adam Mar 3, 2023 Good news for most Californians who owes taxes to the federal or state government: The deadline for filing your return… Read More...
Business IRS says it won’t tax California’s Middle Class Tax Refund Nick J Adam Feb 11, 2023 Relax, Californians — the Middle Class Tax Refund you received last year will not be subject to federal taxes.The… Read More...
Business IRS won’t tax most relief payments made by states last year Nick J Adam Feb 11, 2023 Breadcrumb Trail Links PMN Business Author of the article: The Associated Press David Sharp… Read More...