Danny Werfel News

15.09 / 17:43

Target Aware Actor IRS will pause taking claims for pandemic-era tax credit

The Internal Revenue Service said Thursday it will pause accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent

09.09 / 07:39

Provident Digital Platform Gap Strategy Nov US Treasury and IRS Propose New Regulations on Digital Asset Reporting

The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of digital assets conducted by their customers.

08.09 / 22:59

UPS Lowe's Target pop Advisors express confidence wealthy clients will avoid IRS crackdown

Investment advisors expressed confidence their clients won’t be among those targeted by the IRS in an initiative that cracks down on wealthy tax cheats.

04.09 / 10:37

UPS Provident Booking Fox show Inside Inside a Sales Army Turning a Tax Break Into a Modern-Day Gold Rush

tax returns is open until April 2025, fueling aggressive marketing efforts, often from firms that didn’t exist a few years ago. Emails, texts and broadcast ads trumpet promises to help employers secure up to $26,000 per employee. Whether employers actually qualify under the law is what’s tricky; the answer depends on each situation.

15.02 / 21:17

expansion Biden’s Pick for IRS Chief Faces Questions About Agency’s $80 Billion Expansion

WASHINGTON—Danny Werfel, President Biden’s choice to run the Internal Revenue Service, told senators Wednesday that he is committed to focusing tax enforcement on high-income Americans, as lawmakers press him for details on how the agency plans to use the $80 billion Congress gave it last year.

15.02 / 15:13

expansion Biden’s Pick for IRS Chief to Face Questions About Agency’s $80 Billion Expansion

WASHINGTON—Danny Werfel, President Biden’s choice to run the Internal Revenue Service, will tell senators Wednesday that he is committed to focusing tax enforcement on high-income Americans, as lawmakers press him for details on how the agency plans to use the $80 billion Congress gave it last year.

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