What is the Best Time to Start with AI?
With deals and cross-departmental alignment at year’s end, starting AI discovery in Q4 is essential for organizations looking to adopt AI.
What happens if the debt ceiling and banking crisis collide?
President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday.
What comes next in the IRS’s ERC withdrawal process?
The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit if they haven’t been paid yet,
Voluntary Disclosure Program for Employee Retention Credit Claims Returns
The Internal Revenue Service (IRS) recently announced another round of its Voluntary Disclosure Program (VDP) for Employee Retention Credit (ERC) claims. VDP allows taxpayers with doubts about their ERC filing to voluntarily remit their refund, without penalties or interest, while retaining 15% of their credit.
Voices: Clients who claim a questionable ERC could mean trouble
The Internal Revenue Service announced in March that its compliance efforts related to the Employee Retention Credit had exceeded $1 billion, with the agency specifying that “more than 12,000 entities filed over 22,000 claims that were improper and resulted in $572 million in assessments.”
‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
This is the type of language used on websites and in TV ads to get small businesses to apply for the employee retention credit (ERC), a pandemic-era program that applied in 2020 and 2021.
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.
Trump’s Agriculture Pick Says She’ll Honor All Fuel Sources
Rollins once was head of a group that opposed ethanol. More than a third of US corn harvest goes into biofuel
Top Tax Myths Surrounding Non-profit Organizations
Non-profits are an integral part of our society, but they often face a lot of misinformation when it comes to tax obligations.
The Tariff Remedy Manufacturers Aren’t Talking About
As the Trump administration moves forward with his tariff promises, hitting America’s biggest trading partners – we know for certain the impacts will be wide and felt across various industries.