IRS Forms Alternative Dispute Resolution Office
The IRS has formed a unit that aims to make it easier to quickly resolve tax disputes without litigation, an effort that will include more outreach on avenues available to taxpayers.
The IRS has formed a unit that aims to make it easier to quickly resolve tax disputes without litigation, an effort that will include more outreach on avenues available to taxpayers.
The Internal Revenue Service (“IRS”) announced on December 21, 2023 its Voluntary Disclosure Program (“VDP”) for the Employee Retention Credit (“ERC”)
Congress is taking its time on reversing delayed tax deductions for innovation.
The race to integrate Artificial Intelligence into the workflow of Certified Public Accountants is no longer a futuristic concept, but a current reality.
The Internal Revenue Service announced in March that its compliance efforts related to the Employee Retention Credit had exceeded $1 billion, with the agency specifying that “more than 12,000 entities filed over 22,000 claims that were improper and resulted in $572 million in assessments.”
In the ever-evolving landscape of digital services, the importance of maintaining robust security measures cannot be overstated.
Tax season is always stressful for small businesses, but it’s not too soon to prepare. Follow these steps to make next tax season a breeze.
Every business is seeking to integrate generative AI and automation into its operations. Machine builders, systems integrators and machine shops are no exception.
Tax season is always stressful for small businesses, but it’s not too soon to prepare. Follow these steps to make next tax season a breeze.
Flush with funding from the Inflation Reduction Act, the IRS launched major initiatives to ramp up enforcement activities and make much-needed improvements in taxpayer services.