IRS News
Farmers, ranchers and farm workers can find ag-related tax info anytime on IRS.gov | Internal Revenue Service
The IRS website has a wealth of information for farmers, ranchers and other farm workers. Whether they’ve got a question about whether crop insurance is taxable, they need to find financial resources for a small business, or they want to learn about industry trends, the IRS.gov can help get them answers.
irs.gov
IRS Issues Plug-In Electric Drive Vehicle Credit (IRC 30D) | #site_titleIRS Issues Plug-In Electric Drive Vehicle Credit (IRC 30D)
IRS Issues Plug-In Electric Drive Vehicle Credit (IRC 30D)The Treasury Department and the IRS issued Notice 2022-46 PDF requesting comments on any questions arising from the IRA amendments to the Clean Vehicle Credit. Comments should be submitted by November 4, 2022. Updated information for consumers as of August 16, 2022 New Final Assembly Requirement If you are interested in claiming the tax credit available under
taxconnections.com
Tax
2022 State By State Cryptocurrency Legislation | TaxConnections 2022 State By State Cryptocurrency Legislation
According to the National Conference of State Legislature, digital or virtual currencies are a medium of exchange but are not regular money. Unlike dollar bills and coins, cryptocurrencies are not issued or backed by the U.S. government or any other government or central bank. The lack of a physical token to count and hold may 2022 State By State Cryptocurrency Legislation
taxconnections.com
Tax News
High earners will benefit most from the IRS' new inflation-adjusted tax brackets, says a CPA
Those earning more than $182,000 in 2023 will see the biggest savings from the IRS' inflation-adjusted tax brackets.
businessinsider.com
How and when to file an amended tax return
If you made an error on your tax return, you may need to file an amended return with the IRS. Here's how to do it.
businessinsider.com
Customer Service at the IRS Is So Bad, Even Tax Pros Are Fed Up
As tax season approaches, the agency is short-staffed, underfunded, and so overwhelmed with calls that even a phone number for VIPs is a bust.
bloombergtax.com
IRS Takes Steps To Address Phone Access Issues For Tax Practitioners
At the most recent meeting of the American Bar Association’s Tax Section, the IRS noted that it was looking into solutions for preventing line-blocking technology from tying up IRS service lines, specifically the lines used by tax professionals.
forbes.com