by usoftax_admin | Oct 2, 2024 | Tax News
The IRS has made multiple improvements to address false claims for the COVID-19-era employee retention credit, including updating messaging and beefing up certain tax return filters to identify problematic claims, but there is still room for improvement, the Treasury... by usoftax_admin | Oct 2, 2024 | Tax News
The IRS may need to redirect funds from its 2022 funding boost intended for agency improvements in order to cover routine operations, reducing funds available for planned upgrade projects, due to the stopgap appropriations bill Congress passed last week. by usoftax_admin | Oct 2, 2024 | Tax News
A senior home on Martha’s Vineyard is exempt from property taxes, a Massachusetts tax panel said in a decision released Wednesday, ruling that the owner, a charitable nonprofit, had a sufficient presence at the property for the exemption. by usoftax_admin | Oct 2, 2024 | Tax News
A former sheriff’s deputy who was ordered to pay $7.6 million in restitution and sentenced to 14 years in prison for tax crimes and wire fraud lost his bid to vacate his sentence Wednesday when the Ninth Circuit decided he wasn’t unfairly denied a new... by usoftax_admin | Oct 2, 2024 | Tax News
A group backing lower taxes doesn’t need to register as a ballot issue advocacy committee, the Colorado Secretary of State’s office said in an advisory opinion, bringing an end to the group’s challenge to state reporting requirements for advocacy...