The Internal Revenue Service Whistleblower Office has helped recover nearly $7 billion in taxes owed. Whistleblowers have been paid more than $1 billion in awards. - Read the story by Jory Heckman #IRSWhistleblowerOffice
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The bipartisan IRS Whistleblower Program Improvement Act offers much-needed reforms to the beleaguered IRS Whistleblower Program. KKC's Stephen M. Kohn explains the need for the bill in a new article for Bloomberg Tax. "As the US tax gap continues to balloon, the need for effective tax enforcement becomes more profound. For the IRS Whistleblower Program to play a central role, Congress needs to institute the essential reforms found in the IRS Whistleblower Improvement Act. The program has demonstrated its worth, and it badly needs these fixes to function effectively." https://lnkd.in/g75pwY4N
IRS Whistleblower Program Must Drop Fees, Add Interest to Thrive
news.bloombergtax.com
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Should you sue the United States for your ERC❓ The IRS has indefinitely extended its moratorium on new ERC claims processing, affecting claims filed after Sept. 14, 2023. Only 10-20% of pre-Sept. 14 claims will be processed soon. A recent Forbes article discussed the pros and cons of suing the U.S. for a tax refund -- you can see the arguments outlined in this article. ⬇️ Taxpayers are urged to consult legal counsel for guidance on potential actions, including refund lawsuits. #ERC #EmployeeRetentionCredit #taxupdates #IRS
Is it Time to Sue to Recover Your Employee Retention Credit?
cbiz.com
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Should you sue the United States for your ERC❓ The IRS has indefinitely extended its moratorium on new ERC claims processing, affecting claims filed after Sept. 14, 2023. Only 10-20% of pre-Sept. 14 claims will be processed soon. A recent Forbes article discussed the pros and cons of suing the U.S. for a tax refund -- you can see the arguments outlined in this article. ⬇️ Taxpayers are urged to consult legal counsel for guidance on potential actions, including refund lawsuits. #ERC #EmployeeRetentionCredit #taxupdates #IRS
Is it Time to Sue to Recover Your Employee Retention Credit?
cbiz.com
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Expert in Personalized Tax Solutions for Individuals & Their Businesses | Delivering Tailored Strategies to Maximize Wealth and Compliance
Should you sue the United States for your ERC❓ The IRS has indefinitely extended its moratorium on new ERC claims processing, affecting claims filed after Sept. 14, 2023. Only 10-20% of pre-Sept. 14 claims will be processed soon. A recent Forbes article discussed the pros and cons of suing the U.S. for a tax refund -- you can see the arguments outlined in this article. ⬇️ Taxpayers are urged to consult legal counsel for guidance on potential actions, including refund lawsuits. #ERC #EmployeeRetentionCredit #taxupdates #IRS
Is it Time to Sue to Recover Your Employee Retention Credit?
cbiz.com
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The Internal Revenue Service is overhauling its enforcement capabilities, and large #corporations, partnerships and wealthy #individuals will see more scrutiny. The agency is also working to improve taxpayer services and resolution processes. Melinda Han Gammello Kat Saunders Gregor Fred Goldberg Garrett Brodeur #tax #irs #audit
With New Technology and New Hires, the IRS Aims To Audit More Effectively While Improving Taxpayer Services | Insights | Skadden, Arps, Slate, Meagher & Flom LLP
skadden.com
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Principal at Keystone CPAs Sophisticated Tax Planning for Individuals, Business and Estates. Virtual CFO- Measured Key Performance Indicators= Measured Results
The IRS is looking more closely at items not previously looked at as much. MAKE SURE that whomever your tax advisor/preparer is looks at all facets of your company including partnership/corporate basis. Never assume, assumption can cost money!! #taxlaw #taxpartnership #taxmitigation https://lnkd.in/ejbBu2jp
IRS to set up new work unit to focus on complex passthrough entities
thetaxadviser.com
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Complexities and changes related to the employee retention credit (ERC) continue to cause confusion for taxpayers. Our tax controversy professionals discuss what taxpayers with ERC claims can expect and how they can prepare for an IRS audit. Read more. #ERC
Increased IRS audits focused on ERC claims: What to know and how to prepare | Our Insights | Plante Moran
plantemoran.com
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Complexities and changes related to the employee retention credit (ERC) continue to cause confusion for taxpayers. Our tax controversy professionals discuss what taxpayers with ERC claims can expect and how they can prepare for an IRS audit. Read more. #ERC
Increased IRS audits focused on ERC claims: What to know and how to prepare | Our Insights | Plante Moran
plantemoran.com
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Complexities and changes related to the employee retention credit (ERC) continue to cause confusion for taxpayers. Our tax controversy professionals discuss what taxpayers with ERC claims can expect and how they can prepare for an IRS audit. Read more. #ERC
Increased IRS audits focused on ERC claims: What to know and how to prepare | Our Insights | Plante Moran
plantemoran.com
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Complexities and changes related to the employee retention credit (ERC) continue to cause confusion for taxpayers. Our tax controversy professionals discuss what taxpayers with ERC claims can expect and how they can prepare for an IRS audit. Read more. #ERC
Increased IRS audits focused on ERC claims: What to know and how to prepare | Our Insights | Plante Moran
plantemoran.com
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