IRIS Launches 2024 Filing Season On January 10
During the January 4 IRS payroll industry call, the IRS announced that the 1099 filing platform, the Information Return Intake …
Tax Court Had Jurisdiction Over Petition Filed After 90-Day Limit and Before Date Listed in NOD
In a case of first impression, the Tax Court decided that a taxpayer’s Petition for Redetermination was timely even though …
From the Crime Desk, December 2023
This version of From the Crime Desk covers guilty pleas, convictions, sentences and more for the month of December 2023. …
2024 Snapshot: Potential TCJA-CTC Deal in Play Ahead of Filing Season, Tax Pro Says
Although the tax legislative outlook is unclear leading up to the 2024 elections, PricewaterhouseCoopers Washington National Tax Services Co-Leader Rohit …
Tax Deadlines Postponed for Victims of Storms, Tornadoes in Tennessee
The IRS has postponed various tax deadlines for victims of storms and tornadoes in Tennessee that began on December 9, …
Prop Regs: Guidance on Tax Credit for Production of Clean Hydrogen
The IRS has issued proposed reliance regs for the tax credit for the production of clean hydrogen. (Preamble to Prop …
IRS Online Business Account Access Expanded to Partners, Shareholders
The IRS announced additional features to its online self-service tools for Business Tax Accounts, now expanding access to individual partners …
Final Regs Explain De Minimis Error Safe Harbor for Info Returns, Payee Statements
The IRS has issued final regs implementing statutory safe harbor rules that protect persons required to file information returns or …
Notice Provides More Guidance on New Sustainable Aviation Fuel Credit
The IRS has issued more guidance on the new Sustainable Aviation Fuel credit. The SAF credit applies to qualified fuel …
Werfel Announces Leadership Restructuring Coming in Early 2024
IRS Commissioner Danny Werfel, in News Release 2023-237, announced his plans to restructure the leadership at the agency. The new …