by usoftax_admin | Dec 20, 2023 | Tax News
The Internal Revenue Service on Wednesday released a set of answers to FAQs about provisions of the Secure 2.0 Act of 2022, saying the guidance was meant to help start carrying out the provisions. by usoftax_admin | Dec 20, 2023 | Tax News
The Internal Revenue Service released a list of changes Wednesday to the requirements for pre-approved plan providers applying for opinion letters for the fourth remedial amendment cycle. by usoftax_admin | Dec 20, 2023 | Tax News
The relief will go to about 4.7 million taxpayers — most with income under $100,000 a year — who did not receive automated collection reminder notices during the pandemic. by usoftax_admin | Dec 20, 2023 | Tax News
The Internal Revenue Service said Wednesday it was renewing a safe harbor for 2024 providing that the rising costs for certain electric vehicles will not limit the available clean vehicle tax credit amount that businesses and tax-exempt groups can claim for those... by usoftax_admin | Dec 20, 2023 | Tax News
The U.S. government asked a Michigan federal court to dismiss a community college’s claims that it was excessively taxed by the Internal Revenue Service, saying that assessed penalties were owed after the college failed to timely file information about its... by usoftax_admin | Dec 20, 2023 | Tax News
The Internal Revenue Service paid out $10.9 million in erroneous tax credit claims during the 2019 and 2020 tax years to taxpayers without a taxpayer identification number, the Treasury Inspector General for Tax Administration said in a report published...