The Internal Revenue Service (IRS) has launched an initiative to address tax non-compliance among high-income individuals.…
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IRS
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Venmo taxes continue to create a buzz in the financial ecosystem. The Internal Revenue Service (IRS)…
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For individuals, the sustained rate is set at 8% per annum, compounded daily, for both overpayments…
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The Internal Revenue Service (IRS) has reminded farmers and fishermen about the looming tax deadline for…
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Small Business Strategies
IRS Alerts Small Businesses to Review Employee Retention Credit Claims for Accuracy Before March Deadline
The ERC, designed to support businesses that retained employees during the pandemic, has been subject to…
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The Internal Revenue Service (IRS) has released initial guidance to assist employers in implementing pension-linked emergency…
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Small Business Strategies
Treasury and IRS Delay Reporting Requirements for Digital Asset Transactions
The Treasury Department and Internal Revenue Service (IRS) have announced a transitional phase in the implementation…
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Small Business Strategies
IRS and Security Summit Partners Warn of Surge in “New Client” Scams Aimed at Tax Pros
As the 2024 tax filing season approaches, the Internal Revenue Service (IRS), in conjunction with Security…
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The Internal Revenue Service (IRS) has reminded taxpayers, particularly those who didn’t pay enough tax throughout…
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Small Business Strategies
IRS Offers Penalty Relief to Millions Amid Resumption of Collection Notices
The Internal Revenue Service (IRS) has announced a significant move to provide penalty relief to approximately…