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IRS Announces Special Unit for High-Income Compliance and Pass-Through Entities

IRS has recently unveiled plans to establish a specialized unit focusing on high-income compliance and complex pass-through entities. This initiative is part of a broader effort to enhance tax enforcement and fairness, particularly targeting wealthy filers and large corporations. The new unit will operate within the IRS Large Business and International (LB&I) division and will include personnel recruited under a recent IRS hiring initiative.

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IRS reminder to storm victims in 3 states: File and pay by Oct. 16; most of California, parts of Alabama and Georgia affected

The IRS today reminded individuals and businesses in most of California and parts of Alabama and Georgia that their 2022 federal income tax returns and tax payments are due on Monday, Oct. 16, 2023. The normal due date of April 18 was postponed for many residents of these states in the wake of natural disasters earlier this year.

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Último aviso del IRS para que contribuyentes reclamen $1.5 mil millones en reembolsos de declaraciones de impuestos de 2019 no presentadas: se aproxima plazo del 17 de julio

El Servicio de Impuestos Internos emitió hoy un recordatorio final a casi 1.5 millones de contribuyentes en todo el país para que reclamen sus reembolsos para el año tributario 2019 al presentar su declaración de impuestos de 2019 antes de la fecha límite del 17 de julio de 2023.

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IRS issue guidance for the advanced manufacturing investment credit

The Advanced Manufacturing Investment Credit, established by the CHIPS Act of 2022, is intended to incentivize the manufacture of semiconductors and semiconductor manufacturing equipment within the United States.

The Internal Revenue Service issued proposed regulations that provide guidance regarding the implementation of the elective payment provisions of the Advanced Manufacturing Investment Credit.

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¿Se le pasó el plazo del 18 de abril? Presente su declaración ahora para limitar las multas e intereses

El IRS insiste a los contribuyentes que no cumplieron con la fecha límite del martes 18 de abril, a presentar su declaración lo antes posible. Los contribuyentes que adeudan impuestos y no cumplieron con el plazo sin solicitar una prórroga deben presentar su declaración lo antes posible para limitar las multas y los intereses.

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