Learn why the IRS is challenging creative tax strategies and how the economic substance doctrine affects business owners and tax planning.
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IRS Unveils Top Tax Scams and Threats to Watch For
Discover the IRS’s 2025 “Dirty Dozen” tax scams, highlighting key fraud threats like phishing, fake credits, and ghost preparers. Stay informed and protect your tax data.
IRS Highlights New Warning Signs for Businesses Regarding the Employee Retention Credit
Learn about five new IRS warning signs for Employee Retention Credit (ERC) claims to avoid costly mistakes and maintain compliance with tax regulations.
The IRS Is Tackling Tax Evasion With AI
Discover how the IRS is using AI for tax enforcement and the challenges it poses for taxpayers and professionals.
January 2022 Business Due Dates – Corporate Tax Return Prep
If you are an employer that deferred paying the employer share of social security tax or the railroad retirement tax equivalent in 2020, pay 50% of the deferred amount of the employer share of social security tax by January 3, 2022
Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
The Internal Revenue Service (IRS) is reminding entities with Employer Identification Numbers (EINs) of their responsibility to update that information whenever the contact information or responsible party changes. IRS regulations require EIN holders to update responsible party information within 60 days of any change. Notifying the IRS of those changes is easily accomplished by filing […]