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The Internal Revenue Service has been making efforts to reduce the overall amount of space it rents, but it nevertheless has lots of unnecessary space that it's paying hundreds of millions of dollars for every year.
June 11 -
The Internal Revenue Service has announced several new policy updates now that tax season has ended.
June 11 -
A decision backing the surviving shareholder in a family business could have carried major tax implications to succession plans. Instead, SCOTUS backed the IRS.
June 10 -
Tax deductions for meals come with a 50% limit in most cases. Here's a mini guide to noshing breaks for financial advisors, tax professionals and their clients.
June 10 -
Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.
June 10 -
Donald Trump said he'd scrap taxes on tipped earnings for hospitality workers if he wins the White House, calibrating his message for swing-state voters in Nevada.
June 10 -
While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.
June 7 -
The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.
June 7 -
The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some waiting nearly two years.
June 7 -
Here's a step-by-step guide to calendar blocking.
June 7L&H CPAs and Advisors