by admin | Jun 28, 2023 | Uncategorized
The IRS has updated the Allowable Living Expense (ALE) Standards, effective April 24, 2023.The ALE standards reduce subjectivity when determining what a taxpayer may claim as basic living expenses to...
by admin | Jun 28, 2023 | Uncategorized
In recognition of National Hurricane Preparedness Week and National Wildfire Awareness month, the IRS reminded taxpayers to have a year round complete emergency preparedness plan to protect personal financial and tax information during disasters....
by admin | Jun 28, 2023 | Uncategorized
California published a property tax directory containing contact information of the officers of the Property Tax Department, County-Assessed Properties Division, State-Assessed Properties Division, Taxpayers’ Rights Advocate Office, Legal Department, and...
by admin | Jun 28, 2023 | Uncategorized
The IRS and Department of the Treasury announced that public hearings conducted by the Service will no longer conduct public hearings on notices of proposed rulemaking solely by telephone...
by admin | Jun 28, 2023 | Uncategorized
The IRS has modified Notice 2014-21 to remove Background section information stating that virtual currency does not have legal tender status in any jurisdiction, as the Department of the Treasury and the IRS are aware that...
by admin | Jun 28, 2023 | Uncategorized
The IRS has informed taxpayers who make energy improvements to their existing residence including solar, wind, geothermal, fuel cells or battery storage may be eligible for expanded home energy tax credits as stipulated by the Inflation Reduction Act of 2022. The...
