IRS News

IRS Form 8832: How to Change Your Business’s Tax Classification

In the world of IRS paperwork, Form 8832 is small but mighty. This two-page form decides how your business will… Read More

6 months ago

IRS Watchdog Finds Agency Fired Thousands of Employees Without Following Policies

The IRS terminated thousands of probationary employees early this year without following its own performance review policies, a Treasury watchdog… Read More

7 months ago

Georgia’s Homestead Tax Exemption: Local Opt-Outs Create a Complex Divide

Georgia's recent voter-approved Local Option Homestead Property Tax Exemption Amendment, designed to limit property tax assessment increases, has encountered significant… Read More

11 months ago

South Carolina’s Flat Tax Ambition: Opportunity and a Pitfall for Low-Income Earners

South Carolina lawmakers are rightly pursuing tax reform to enhance the state's economic appeal and benefit its residents. A unified… Read More

11 months ago

IRS Proposes New Rules for Tax Professionals

The Treasury Department and the Internal Revenue Service (IRS) have issued proposed regulations to modernize the rules governing tax professionals.… Read More

1 year ago

Louisiana’s Pro-Growth Tax Reform: A Step in the Right Direction

Louisiana has made significant strides in tax reform, adopting a pro-growth tax package during a special session. This move positions… Read More

1 year ago

Trump Nominates Former Congressman Billy Long as IRS Commissioner

President-elect Donald Trump has announced plans to nominate former Missouri Congressman Billy Long as the next commissioner of the Internal… Read More

1 year ago

IRS Extends Deadline for ERC Claim Corrections

The Internal Revenue Service (IRS) has extended the deadline for third-party payers to use the consolidated claim process to correct… Read More

1 year ago

IRS Extends Deadline for 1099-K Reporting Threshold: A Relief for Taxpayers

The Internal Revenue Service (IRS) has once again delayed the implementation of the $600 reporting threshold for Form 1099-K, providing… Read More

1 year ago

Elevating Tax Departments: The Power of Technology

Elevating Tax Departments: The Power of Technology Corporate tax departments are under immense pressure. A shrinking talent pool and increasingly… Read More

1 year ago
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