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IRS begins audits of corporate jet usage; part of larger effort to ensure high-income groups don’t fly under the radar on tax responsibilities
Using Inflation Reduction Act funding and as part of ongoing efforts to improve tax compliance in high-income categories, the Internal...
IRS
Feb 22, 20243 min read
Are you frustrated with trying to decode confusing IRS notices? Good news! IRS launches Simple Notice Initiative redesign effort.
The Internal Revenue Service today announced work is underway on the Simple Notice Initiative, a sweeping effort to simplify and clarify...
IRS
Jan 24, 20244 min read
Tax considerations when selling a home
Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale...
IRS
Jul 6, 20232 min read
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