IRS
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A Summary of IRS Delinquent Collection Activities, Fiscal Years 2013
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Currently, there are about 15 million individuals and businesses in collection with the Internal Revenue Service (IRS). The IRS initiates a ...

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IRS Plans to Scrutinize Wealthy Taxpayers in Major Compliance Push
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With the Inflation Reduction Act of 2022 allocating substantial funding to the Internal Revenue Service (IRS) for tax enforcement activities, the IRS has ...

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Supreme Court hears case on insurance and estate taxes
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In its second case this term involving tax policies affecting financial advisors' clients, the Supreme Court will decide a complex question about life ...

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IRS Focuses On Internet Small Business And Side Hustle Income
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In an effort to capture unreported income flowing through third-party settlement organizations (TPSOs) such as Amazon, PayPal/Venmo, card payment processors ...

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IRS Audit Risk Alert | Understanding Your Letter 6612
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New Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that ...

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IRS Reminder: 2024 Q1 Estimated Tax Payment Due by April 15
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The Internal Revenue Service today advised taxpayers, including self-employed individuals, retirees, investors, businesses, and corporations ...

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Do Not Try These 5 ‘Loopholes’ to Cheat Your Taxes — Or You Will Get Caught
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Opinions expressed by Entrepreneur contributors are their own. I'm not going to name names, but over the past 25 years of practicing ...

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Walgreens Audited for Billions By the IRS
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No one is safe from the IRS this tax season — and multi-billion dollar corporation Walgreens just received a hefty audit from the ...

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How to Keep MORE of Your Inheritance From the IRS (Avoid These Tax Mistakes!)
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With solid tax planning, receiving an inheritance could provide an enormous boost on your journey to financial freedom. One misstep, on the other hand, and ...

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Pay Less Tax to the IRS This Year With THESE Real Estate Tax Strategies
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Want to pay less money to the IRS in 2024? We’ve got the real estate tax strategies to help you do just that. And get this—you don’t need a large real ...

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