While Covid-19 relief appropriations pulled many businesses from the brink of demise, an onslaught of associated fraud has come to the surface, especially regarding claims for the employee retention credit.
Corporate tax advisers are gearing up clients for 2024 tax code changes to research and development expenses, an election year that could determine the fate of some high-profile laws, and corporate minimum taxes, among other regulatory actions from the IRS and Treasury Department.
After a two-year hiatus on automated collection notices, the IRS said it will soon resume sending such letters — and experts have tips if you receive one.
Nearly two years after the IRS hit pause on issuing automated collection reminder notices, the agency has set a date to begin resuming that work and coupled it with a clean slate for millions of affected taxpayers.
As we approach the holiday season, I would like to extend my warmest greetings and best wishes for a joyous and prosperous new year. As the year closes, we all tend to find ourselves focused on resolutions, should we make them, and if so, in what areas. For those of us in the professional services arena, such resolutions usually include, how may the year 2024 be improved, both for our people and our clients
The IRS is revamping the top of its organizational structure for the first time in two decades, the agency announced Wednesday.
The Internal Revenue Service has reorganized its leadership structure at the top, with a single deputy IRS commissioner instead of two,…
The IRS is taking action against small businesses that improperly filed returns claiming a lucrative pandemic-era tax credit.
Rainmaker is proud to announce that alliantTALENT, a professional services firm delivering international remote talent solutions to U.S. CPA firms, has been chosen as the Preferred Provider of remote talent solutions for its members.
This comprehensive guide will help owners of commercial buildings and companies working on tax-exempt buildings understand the process of claiming the 179D deduction.