As the IRS intensifies work on the Employee Retention Credit (ERC), they shared five new warning signs being seen on incorrect claims by businesses. The

The IRS recently issued a consumer alert warning taxpayers about bad advice circulating on social media about a non-existent “Self-Employment Tax Credit” that’s misleading taxpayers

Identity thieves are on the prowl and taking numerous tactics to steal sensitive information from tax professionals. This includes posing as new clients; using phishing

Typically, this blog doesn’t report on proposed legislation until it’s actually signed into law, However, three recommendations from the National Taxpayer Advocate’s 2024 Purple Book

The U.S. Department of the Treasury and the Internal Revenue Service today issued final regulations requiring custodial brokers to report sales and exchanges of digital assets, including

In Notice 2024-55, the IRS provides guidance on exceptions to the 10% additional tax when taking early permissible retirement plan distributions for emergency personal expenses