New guidance on section 174 research expenditures
Notice 2024-12 clarifies rules regarding research performed under a contract while Rev. Proc. 2024-9 updates guidance on accounting method changes.
Notice 2024-12 clarifies rules regarding research performed under a contract while Rev. Proc. 2024-9 updates guidance on accounting method changes.
IRS provides VD Program for employers to return ERC refunds and avoid penalties and interest. Employers must apply by March 22, 2024.
The IRS announced a sweeping enforcement effort that will engage AI to focus on large partnerships and wealthy individuals.
Learn how to identify early signs of fraud and apply best practices in an internal investigation to reduce the financial impact of fraud.
Learn about several common artificial intelligence (AI) use cases that can deliver the most return on investment and strengthen business operations.
The Tax Court ruled that holding a state law limited partnership interest is not, by itself, enough to avoid self-employment tax.
New IRS notice 1099-K for small vendors will be subject to existing requirements for TY 2023, followed by a phased-in approach.
The IRS and the Treasury Department have released guidance on how buyers can transfer clean vehicle credits to dealers at the time of purchase.
It remains to be seen whether consumers will continue their strong spending or begin to pull back in light of financial pressures.
IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.