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CLEAN VEHICLE CRITICAL MINERAL AND BATTERY COMPONENTS FAQs:
The Internal Revenue Service today issued a proposed regulation related to certain re

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IRS RELEASES DIRTY DOZEN FOR 2023:
The Dirty Dozen represents the worst of the worst tax scams.

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SOCIAL SECURITY RELEASES ANNUAL TRUSTEES REPORT:
On March 31, the Social Security Board of Trustees released its annual report, sharing its findings regarding the long-term financial status of the Social Security Trust Funds.

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SOCIAL SECURITY: BUSINESS SERVICES ONLINE ACCESS AND REGISTRATION PROCESS IS CHANGING!
As of March 25, 2023, the SSA is updating how you sign up for and access a Business Services Online (BSO) account for the following services:

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REPORTING FOREIGN INCOME AND FILING A TAX RETURN WHEN LIVING ABROAD:
U.S. citizen and resident aliens living abroad should know their tax obligations. Their worldwide income -- including wages, unearned income and tips -- is subject to U.S.

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BILLIONS IN COVID TAX FRAUD INVESTIGATED BY IRS-CI:
The Internal Revenue Service's Criminal Investig

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WHEN THE IRS MIGHT CONTACT A TAXPAYER:
The Internal Revenue Service reaches out in multiple ways to educate taxpayers while ensuring it fairly enforces the nation's tax laws.

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CERTAIN NFTS ARE CONSIDERED SECTION 408(M) COLLECTIBLES:
Note from the Editor: for complete information regarding Digital Assets and their tax treatment, check out the “Cryptocurrency” webinar scheduled for May 2, 2023 at 10:00 PT.

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REVISED FAQS ON FORM 1099-K:
The IRS today has revised “frequently asked questions” (FAQs) on Form 1099-K (Payment Card and Third Party Network Transactions).

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