After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.
Portland, OR, USA - Jan 5, 2022: Third-party payment apps now have to report transactions more than USD600 to the IRS.
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