Business Tax Incentives
In a move that benefits business owners involved in research and development (R&D) activities, the IRS has extended the transition period for revising claims for the R&D tax credit. This
January 13, 2025
Skip to content In a move that benefits business owners involved in research and development (R&D) activities, the IRS has extended the transition period for revising claims for the R&D tax credit. This
The IRS has once again updated its reporting requirements for Form 1099-K, extending transition relief for business owners and individuals who use third-party settlement organizations (TPSOs) like PayPal, Venmo, Etsy,
The IRS’s recent proposal to shorten the third-party notice requirement from 45 days to just 10 days is raising concerns about taxpayer rights and the potential erosion of due process.
As a business owner, managing taxes can be complex, but it’s crucial to stay compliant. Recent cases, like the guilty plea of a telecommunications company and its CEO for defrauding
For business owners, receiving an audit notice from the IRS can be stressful and confusing. Understanding the audit process and how to handle it can help ease some of the
The death of a taxpayer introduces several legal and tax responsibilities that must be addressed promptly. If you are a business owner who has been named a personal representative, executor,
The theft and unauthorized release of tax data is an ongoing issue that affects businesses and individuals alike. With high-profile cases like that of Charles Littlejohn—an IRS contractor who leaked
When tax fraud schemes come to light, they often highlight the importance of understanding tax regulations and the severe consequences of non-compliance. In a recent case, a Mexican national was
In the world of cybercrime, accounting, and law enforcement, one man is bridging these worlds to combat financial crimes that harm individuals and threaten national security. Jarod Koopman, a black-belt
As a business owner, receiving a notice from the IRS can feel overwhelming. However, it’s important to know that not all notices are cause for alarm. Each year, the IRS
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