Tax News
What’s Happening in the world of taxes
Issue Number: Don’t Fall for Employee Retention Credit Scams
Here is a video tax tip from the IRS:
What the right to challenge the IRS’s position and be heard means for taxpayers
The IRS wants every taxpayer to be know and understand their rights in the event they need to work with the IRS on a personal tax matter. These 10 fundamental rights are collectively known as the Taxpayer Bill of Rights. Included on this list is the right to challenge the IRS’s position and be heard. Here’s more about what this right means for taxpayers.
The Work Opportunity Tax Credit helps businesses that hire from eligible groups
Finding work can be a hard for anybody and certain groups face even bigger challenges. The Work Opportunity Tax Credit is extended through the end of 2025 to help employers that hire workers certified as members of these groups that face barriers to employment: