Tens of millions of taxpayers may qualify for IRS refunds or reduced penalties from the COVID emergency period, but face a ...
The IRS is currently undertaking one of the most significant technology modernization efforts in its history. Still, much of ...
Some businesses can now request more time to pursue appeals before heading to court over denial of their ERC claims. But ...
Taxpayers meeting eligibility rules can now use Form 907 to preserve their right to challenge ERC disallowances while the IRS ...
The tribunal examined whether delayed filing of Form 67 bars foreign tax credit. It held that filing before completion of assessment is sufficient, allowing the ...
The Tax Court advised a taxpayer that filing a second petition would not allow another IRS Collection Due Process review.
The IRS has introduced an extension option for businesses with disallowed Employee Retention Credit claims, allowing more ...
Birmingham, has introduced legislation that would require all members of Congress and congressional candidates to publicly ...
The Tribunal held that delay in filing the return due to pending probate proceedings was beyond the control of executors. It ruled that such delay constituted a bona fide explanation, leading to ...
A federal court ruling has opened a narrow window for taxpayers to reclaim penalties and interest assessed by the IRS during ...
There are millions of people in the United States that might be eligible to receive an IRS refund stemming from the COVID-19 ...
Plus: Tax-harvesting, Mega backdoor Roth accounts, the IRS budget takes a hit, employer-funded tax breaks, common law ...