IRS Plans to Shake Up Leadership

Category Archives: Tax and Financial News

IRS Plans to Shake Up Leadership

🖨 Print⏱ 3 min readShare by The top leadership in the IRS is set to change. IRS Commissioner Daniel Werfel believes the changes are needed for the agency to meet its new goals. He aims to create greater flexibility and … Continue reading →

Posted in Blog, Tax and Financial News |

The 2023 Tax Planning Guide

🖨 Print⏱ 5 min readShare by It’s that time of year again: time for year-end tax planning. With the end of 2023 coming fast, the time to act is now. In this article, we’ll look at the moves you can … Continue reading →

Posted in Blog, Tax and Financial News |

New Business Travel Per Diem Rates Announced for 2023-2024

🖨 Print⏱ 3 min readShare by New per diem rates were recently announced by the IRS and are effective for per diem allowances on or after Oct. 1, 2023. These updated rates include changes for the transportation industry, incidental expenses … Continue reading →

Posted in Blog, Tax and Financial News |

IRS Plans to Use AI and Ramp Up Enforcement on Millionaires, Partnerships and Crypto

🖨 Print⏱ 4 min readShare by Recently, IRS Commissioner Danny Werfel spoke of changes within the IRS, announcing several initiatives focusing on high-income earners and partnerships, as well as integrating the use of AI within the agency’s work. According to … Continue reading →

Posted in Blog, Tax and Financial News |

IRS Announces End of Unannounced Taxpayer Visits (Mostly)

🖨 Print⏱ 3 min readShare by You wake up in the middle of the night. Heart racing, drenched in sweat, and breathing heavily. Thankfully, it was just a nightmare when the IRS showed up at your doorstep unannounced. Recently, however, … Continue reading →

Posted in Blog, Tax and Financial News |

2023 Sales Tax Holidays for Back-to-School Shopping

🖨 Print⏱ 3 min readShare by Now that we are heading into the backend of summer, it’s time for many states to host their annual sales tax holidays for returning to-school shopping. Numerous states with sales tax (remember, not all … Continue reading →

Posted in Blog, Tax and Financial News |
 

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