IRS Adds Additional Protections to CAF, TDS
Identity theft and refund fraud remains an ongoing concern among taxpayers and tax professionals. With that, the IRS has added additional protections for tax professionals
May 13, 2024
Identity theft and refund fraud remains an ongoing concern among taxpayers and tax professionals. With that, the IRS has added additional protections for tax professionals
The SECURE 2.0 Act of 2022 (SECURE 2.0), enacted on Dec. 29, 2022, amended the Internal Revenue Code to provide for special rules for distributions
The Department of Treasury and IRS issued final regulations describing rules and definitions for the transfer of eligible credits in a taxable year, including specific
The IRS released Notice 2024-35 that once again provides transition relief from required minimum distributions (RMDs) and changed the applicability date of final RMD regulations.
As the 2024 filing season draws to a close, many taxpayers may find themselves with a balance due that they cannot pay. When this happens,
The Treasury Department and the IRS issued Announcement 2024-19 that addresses the federal income tax treatment of amounts paid for the purchase of energy efficient