Is Social Security’s Website Suddenly Saying It Owes You Far Less?
I just received two emails, which I copy below without identifying their authors. Both authors are keeping careful track, over...
Taxes
U.N. Vs. OECD: The Clash Of Global Tax Visions
Robert Goulder of Tax Notes and Sharon Katz-Pearlman of Greenberg Traurig discuss the ongoing friction between the United Nations and...
IRS Says Focus On Millionaires And Large Corporations Is Paying Off, Talks Next Steps
Last month, IRS Commissioner Danny Werfel announced a series of taxpayer initiatives described as a "top to bottom review of...
ERC — IRS Withdrawal Process — What Should Business Owners Do?
The IRS today announced a withdrawal process for business owners/tax-exempt managers from their Employee Retention Credit (ERC) claims. The IRS...
IRS Recommends Tools To Prevent And Report Tax Refund Fraud
In the News On July 3 the Internal Revenue Service warned taxpayers about a mailing that misleads them into believing...
IRS Announces Special Process For Withdrawing Inappropriate ERC Claims
Last month, citing "rising concerns about a flood of improper Employee Retention Credit (ERC) claims," the IRS announced a moratorium...
From Scope Creep To Decision Disasters: Why Tax Technology Projects Fail
Technology projects often end in disappointment, and in some cases, they lead to significant financial losses for the companies that...
IRS Will Pilot Direct File Program For 2024 Tax Season For Taxpayers In Some States
Earlier this year, the IRS got folks talking when it announced it was launching a pilot program for a free...
The EU’s Latest Plan To Simplify Corporate Taxation
Tax Notes reporter Elodie Lamer discusses the Business for Europe: Framework for Income Taxation (BEFIT) initiative, the European Commission’s latest...
How High-Income Taxpayers Are Misled Into Making Illegal Art Donation Deductions
Tax season can be a stressful time for many individuals, especially high-income taxpayers. With complex tax laws and ever-changing regulations,...
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