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Treasury Audit Finds One-Third of US Biofuel Tax Credits Wrongly Awarded

A federal audit of 124 U.S. taxpayers claiming biofuel tax credits revealed that as many as 42 of them ? or roughly one-third ? failed to submit the proper paperwork and should no. ....

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IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media

The most recent alert focuses on scams targeting the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes. ....

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Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns

Bad tax advice on social media and "ghost preparers" who didn't sign returns contributed to headaches for many who now wait to get refunds. ....

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Dirty Dozen 2023 | Foodman CPAs & Advisors

On April 5, 2023, the IRS wrapped up its Dirty Dozen 2023 list – earlier than the release of the Dirty Dozen 2022 list which was published on June 10, 2022. According to the IRS, the. ....

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IRS Issues Last-Minute Warning: Some Claims And Forms Could Get You Audited – Infinite Unknown

IRS Issues Last-Minute Warning: Some Claims And Forms Could Get You Audited – Infinite Unknown
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