Browsing: Taxes
I just received two emails, which I copy below without identifying their authors. Both authors are keeping careful track, over time, of their projected Social Security…
Robert Goulder of Tax Notes and Sharon Katz-Pearlman of Greenberg Traurig discuss the ongoing friction between the United Nations and the OECD over the U.N.’s push…
The IRS recently made an important announcement on October 19, 2023 regarding the withdrawal process for Employee Retention Credit (ERC) claims. This announcement has left many…
Last month, IRS Commissioner Danny Werfel announced a series of taxpayer initiatives described as a “top to bottom review of enforcement work” at the IRS, thanks…
In the News On July 3 the Internal Revenue Service warned taxpayers about a mailing that misleads them into believing they are owed a tax refund…
The IRS today announced a withdrawal process for business owners/tax-exempt managers from their Employee Retention Credit (ERC) claims. The IRS has been taking a hard eye…
Last month, citing “rising concerns about a flood of improper Employee Retention Credit (ERC) claims,” the IRS announced a moratorium on processing new ERC claims. At…
Technology projects often end in disappointment, and in some cases, they lead to significant financial losses for the companies that undertake them. The statistics are grim:…
Tax Notes reporter Elodie Lamer discusses the Business for Europe: Framework for Income Taxation (BEFIT) initiative, the European Commission’s latest plan to harmonize and streamline certain…
Earlier this year, the IRS got folks talking when it announced it was launching a pilot program for a free direct online tax filing service. Today,…