The IRS’s Free Direct File Program Is on the Chopping Block. What Went Wrong?
With its Direct File program, the IRS tried to give U.S. taxpayers a free solution to a longstanding complaint: that tax prep is too expensive.
Darren Guillot Responds to IRS Issuing Tens of Thousands of Credit Disallowances
Updated The Internal Revenue Service (IRS) has been issuing tens of thousands of Letter 105C notices, denying Employee Retention Credit (ERC) claims. The volume of ERC claims, many facilitated by…
Expect a Tempest in Tax Under Trump
Expect plenty of changes in the world of tax under the new administration.
Research Tax Credit — Elections Bring Relief On Amortization
The election results certainly bring a new day when it comes to taxes – especially for small and medium businesses.
Person of the Year: Daniel Werfel Steered Modernization Effort
The Senate confirmed IRS Commissioner Daniel Werfel about seven months after the agency received a massive infusion of funding from President Biden’s Inflation Reduction Act.
Mark Everson of alliant is tapped for his perspective on Trump’s pick for IRS Commissioner
President-elect Donald Trump has tapped former Missouri congressman Billy Long to lead the IRS, which has triggered mixed reactions from Washington and the tax community.
Our experts share insights on the IRS’s newly created office, its use of AI, and an update on ERC processing
IRS has recently announced several achievements, including the development of a new program office, while also acknowledging difficulties in areas such as the processing of coronavirus disease (“COVID”)-era tax credits.
IRS Denied Your Employee Retention Credit (ERC) Claim — Now What?
The IRS is moving forward with issuing tens of thousands of denial/disallowance letters to applicants of the Employee Retention Credit (ERC).
Inside How Private Placement Life Insurance Slips Through the Cracks
Private placement life insurance (PPLI) policies that push the boundaries of what is acceptable under IRS
As the IRS targets wealthy Americans for audits, here are red flags for everyday filers
The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite scrutiny, regardless of income.