Last week, the Internal Revenue Service announced a “special withdrawal process” for filers who knowingly or unknowingly claimed the pandemic-era “Employee Retention Tax” credit when they were, in fact, not entitled to the benefit. Tax lawyers in San Jose have learned...
The 2023 tax returns of those who benefited financially from the resale of sporting event or concert tickets this year may face new scrutiny from the Internal Revenue Service. According to an IRS tax lawyer, the ecommerce-platform tax-reporting threshold was lowered...
Last week, an announcement was made by the Internal Revenue Service about plans to fill over 3,700 jobs throughout the United States so as to expand fairness to the tax system. These positions will be available in more than 250 locations. A spokesperson for the IRS...
Almost any tax lawyer in San Jose has likely heard about the pledge of the Internal Revenue Service to pursue approximately 1,600 millionaires for the purpose of collecting back taxes. A year after Congress designated additional funding to the IRS for a total in the...
Virtually any San Jose tax lawyer knows the Internal Revenue Service has announced plans to provide digital correspondence for next year’s tax season. Over the last decade, the IRS has been attempting to improve their overall service, and this most recent goal of...
