Friday, October 11, 2024

IRS, states, tax industry announce new joint effort to combat growing scams

Ongoing coordination to follow in footsteps of Security Summit’s identity theft efforts to help taxpayers and protect revenue 

Treasury issues guidance on required minimum distributions from IRAs

Other retirement plans; generally retains proposed rules The Department of the Treasury and the Internal Revenue Service has...

Consumer alert: IRS warns taxpayers they may be scam victims

Misleading advice leads to false claims for Fuel Tax Credit, Sick and Family Leave Credit, Household Employment taxes

IRS opening application portal for 2024 bonus credit program

Taxpayers that receive an allocation and properly place the facility in service may then claim the increased energy investment credit

IRS provides guidance for the Domestic Content Bonus Credit

Safe harbor allows taxpayers to elect to use the classifications of components and cost percentage The Department of...

Interest rates remain the same for the third quarter of 2024 

The interest rates announced today are computed from the federal short-term rate determined during April 2024 The Internal...