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IRS Proposes Exceptions For 3rd-Party Summons Notices

America March 21, 2024

IRS Proposes Exceptions For 3rd-Party Summons Notices

In a move stirring anticipation and debate, the IRS unveiled on Thursday its plans to introduce exceptions to the longstanding…

By Rihem Akkouche

Treasury Finalizes Direct Pay Rules For Energy Tax Credits

America March 5, 2024

Treasury Finalizes Direct Pay Rules For Energy Tax Credits

The U.S. Department of the Treasury has cemented regulations governing direct payments for various clean energy tax credits outlined in…

By Rihem Akkouche

Charles Littlejohn sentenced to five years for leaking tax information

America January 29, 2024

Charles Littlejohn sentenced to five years for leaking tax information

In a dramatic turn of events, Charles Littlejohn, a former IRS contractor embroiled in a high-profile case involving the leak…

By Rihem Akkouche

IRS Launches Prefiling Tool For Monetizing Energy Credits

America December 22, 2023

IRS Launches Prefiling Tool For Monetizing Energy Credits

In a surprising move on Friday, the Internal Revenue Service (IRS) shook up the financial landscape by introducing the IRA/CHIPS…

By Rihem Akkouche

Justices To Review $3.5M Life Insurance Policy

America December 13, 2023

Justices To Review $3.5M Life Insurance Policy

In a twist befitting a legal thriller, the U.S. Supreme Court has stepped into the arena to scrutinize a contentious…

By Rihem Akkouche

IRS clean vehicle tax credit portal for car dealers

America November 1, 2023

Breaking: IRS Launches Clean Vehicle Tax Credit Portal For Car Dealers

Dealerships Given the Green Light to Register Clean Vehicle Sales Information In a significant leap forward for the electric vehicle…

By Rochdi Rais

IRS Wealthy Data Leak: A Digital Tornado Sweeps Through the Wealthy Elite

America October 5, 2023

IRS Wealthy Data Leak: A Digital Tornado Sweeps Through the Wealthy Elite

In a revelation that sent tremors through the financial corridors of power, the Internal Revenue Service (IRS) announced its intent…

By Rochdi Rais

(401k)

And More October 22, 2022

Investors Could Contribute up to $22,500 in 401(k) Plans and $6,500 in IRAs in 2023

If you’re determined to save more for retirement in 2023, there’s good news from the IRS, which just announced higher…

By Rochdi Rais

Inflation Reduction Acty

America August 16, 2022

Elon Musk says the Inflation Reduction Act inflates the IRS

Thursday SpaceX and Tesla billionaire, Elon Musk, mocked the idea of hiring 87,000 new IRS employees.  Musk posted on Twitter…

By Jackie Allen

FTC-lawsuit-Kochava-geolocation data

Industry News April 15, 2022

Farmers, Insurance Agents Imprisoned for Defrauding Crop Insurance Programs

More than a dozen tobacco farmers, a warehouse owner, several insurance agents, and adjusters in Kentucky were sent to prison…

By Marivic Cabural Summers

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