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IRS Warns of Holiday Scams and Stresses Protecting Personal Data as National Tax Security Awareness Week Kicks Off
As holiday shopping kicks into high gear, the IRS and its Security Summit partners are reminding everyone to stay vigilant against scammers looking…
IRS Issues Transition Relief for Third-Party Settlement Organizations for 2024 and 2025
The Internal Revenue Service (IRS) has issued Notice 2024-85, providing transition relief for third-party settlement organizations (TPSOs), including payment apps and online marketplaces,…
Transform Your Business with Professional Bookkeeping, Accounting, Strategic CFO Services, and Tax Solutions
As a small or medium-sized business owner, you face countless challenges—handling finances, complying with tax requirements, and making strategic decisions to drive growth….
Treasury and IRS issue guidance for the Energy Efficient Home Improvement Credit
The Department of the Treasury and the Internal Revenue Service (IRS) have released Revenue Procedure 2024-31 and proposed regulations that offer guidance on…
The IRS announces tax inflation adjustments for the 2025 tax year
WASHINGTON — The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Revenue Procedure 2024-40 PDF provides detailed information on adjustments…
Happy Labor Day
Wishing everyone a restful and joyful Labor Day