Saturday, May 18, 2024

Builders may qualify for an expanded tax credit

Provision allows eligible contractors who construct or substantially reconstruct and rehabilitate qualified new energy efficient homes a tax credit of up...

IRS extends relief to farmers and ranchers in 49 states

Relief also offered to other areas impacted by drought Washington − The Internal Revenue Service today reminded eligible...

IRS reminds businesses to watch out for warning signs of aggressive promotion

Promotions mislead people into making improper ERC claims Washington – The Internal Revenue Service continues to warn businesses...

IRS issues guidance on state tax payments

Guidance is being issued as part of the IRS’s efforts to provide additional certainty to states Washington –...

Businesses must electronically file Form 8300 beginning January 1, 2024

Also must electronically file Report of Cash Payments Over $10,000 Washington – The Internal Revenue Service today announced...

IRS new school year reminder

Maximum educator expense deduction is $300 in 2023 Washington – As the new school year begins, the Internal...