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17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
17 May 2023, 10:00 pm
The Internal Revenue Service and US Department of the Treasury released Notice 2023-38 on May 12, which establishes rules for testing an applicable “green” energy facility’s eligibility for a bonus federal income tax credit amount (or “adder”) attributable to the steel, iron, or manufactured product that is a component of such facility being produced in the United States as enacted under the Inflation Reduction Act of 2022. [read post]
IRS submits Direct File report to Congress; Treasury Department directs pilot to evaluate key issues
17 May 2023, 7:12 pm
“The Internal Revenue Service submitted a report today to Congress evaluating a Direct File option for taxpayers and is taking steps to begin a pilot project for the 2024 filing season following a directive from the Treasury Department. [read post]
17 May 2023, 12:33 pm
Combating tax evasion among high-net-worth and high-income taxpayers is among the Internal Revenue Service’s (IRS) top law enforcement priorities. [read post]
16 May 2023, 11:39 am
Nor is professional growth, job satisfaction, or passion for the practice of law.Although enduring an "audit" evokes images of stressful meetings with intimidating IRS agents, law firm audits need not be taxing. [read post]
16 May 2023, 8:00 am
Acknowledges Black Americans Face More Audit Scrutiny: The Internal Revenue Service said on Monday that Black taxpayers have been far more likely to be audited than others and that it is considering changes to its case selection process to address discrimination in how the tax code... [read post]
16 May 2023, 2:00 am
Democrats and consumer advocates have been pushing for the Internal Revenue Service to offer free... [read post]
15 May 2023, 12:41 pm
While the Notice cautions that the list below may not be an exhaustive set of all Applicable Project Components for such facilities, Applicable Project Components sorted as set forth below will be accepted by the IRS (pending further changes to this guidance, if any) for those Applicable Project Components and Manufactured Product Components. [read post]
12 May 2023, 11:06 am
Please contact me if I can be of service. [read post]
10 May 2023, 4:28 am
(CCH) 22 (2022) (appeal filed). [3] In re Mellier’s Estate, 182 A. 388, 389 (Pa. 1936). [4] Several of the checks that the Internal Revenue Service (IRS) had mistakenly conceded were not included in the father’s gross estate were excluded from it. [read post]
9 May 2023, 10:09 am
Once you’ve completed IRS Form 211, you need to mail it and copies of any necessary supporting documents to the IRS Whistleblower Office via certified mail: Internal Revenue Service Whistleblower Office – ICE 1973 N Rulon White Blvd. [read post]
9 May 2023, 6:29 am
Did you know that irs.gov, the official website of the Internal Revenue Service, points visitors to our website? [read post]
8 May 2023, 5:58 am
This is great for IRS customers, but now it is time to approve additional funding at SSA to combat the same problem. [read post]
8 May 2023, 3:45 am
The Internal Revenue Service (IRS) describes S corporations as “corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. [read post]
7 May 2023, 3:52 am
One can be sure that the comment was unwelcome in the Justice Department, FBI, and IRS, just as Obama’s was unwelcome in the bureaucracy in 2016, and just as many of Trump’s were unwelcome in his Justice Department. [read post]
5 May 2023, 6:43 am
Notice 2023-36 The Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) invite the public to submit recommendations for items to be included on the 2023-2024 Priority Guidance Plan. [read post]
