Tax law continues to evolve, and several recent federal changes could have a significant impact on both individuals and businesses. From updated clean vehicle credit rules to expanded IRS reporting through payment apps and new charitable deduction limitations, taxpayers must stay alert. Missing a deadline, failing to report income correctly, …
Read More »Internal Revenue Disputes
If you’ve ever heard of someone formally contesting the taxes they owe to the IRS, it is called an internal revenue dispute. You may also hear this referred to, more officially, as an appeal. The IRS defines this by stating, “When taxpayers disagree with the IRS’s decision on their tax …
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