Employee retention credits (ERCs) have been a critical financial lifeline for businesses dealing with the effects of COVID-19. Designed to ...

Churches are allowed to host political events and speak about issues – they just can’t endorse candidates. But a new ...

On October 7, 2024, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (Proposed ...

A field operations unit, announced last fall, has started work in the Internal Revenue Service's Large Business and ...

In its new report, the IRS estimates that: The gross tax gap was $708 billion for 2021 and $696 billion in 2022; after ...

In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned South Carolina taxpayers of scammers who use fake charities to gather sensitive personal and financial ...

On September 12, 2024, the Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued long-awaited ...

A Bay Area man tried to pay his taxes, but his check never made it to the IRS. Years later, the truth comes out -- with documents detailing how the fraud was manipulated through a Wells Fargo ATM. But ...

LGBTQ+ marriage equality opened the door for many couples to tie the knot and enjoy a slew of personal and financial benefits ...

Coca-Cola ‘strongly believes’ the IRS and the Tax Court misinterpreted and misapplied the applicable regulations for its TP ...

Representative Chrissy Houlahan (D-PA) has announced the Internal Revenue Service‘s (IRS) plan to fully reopen the Reading ...