Rachel Libowitz, Senior Tax Advisor, and Jason Peckham, Vice President of Resolutions, recently shared their insight with the International Factoring Association to provide an update on the current state of the Employee Retention Credit program.

The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue Service that could be rescinded due to duplicative legislative language.

The House Appropriations Committee released a fiscal 2025 spending bill that would cut IRS funding by 18%. Read on for recommendations from Tax Guard’s CEO. Published by the Federal News Network.

The $80 billion recently allotted to the IRS over the next decade should offer much-needed technological upgrades and improved hiring efforts, allowing for more auditors and customer service professionals. What’s the catch? Read more to find out.

Frustration with the IRS—it’s practically an American tradition. Read insight from Tax Guard’s CEO on the IRS’s $80 billion allotment on Government Executive.

Kickstarting the fight against the ever-growing tax gap will be a federal and national effort IRS Commissioner Charles Rettig recently testified before Congress about the state of the tax gap …

On July 1, 2019, The Taxpayer First Act of 2019 was signed into law, which aims to broadly redesign the Internal Revenue Service. Many lenders are potentially affected by the …

There are those who believe that if a tree falls in the woods, and no one is there to hear it, it doesn’t make a sound. Among them, potentially, is …

Has your business ever received a large cash payment and you weren’t quite sure what your reporting obligations were for that large payment? Or have you ever wondered what the …

IRS has some reliable calendar resources for commercial lenders and all businesses to plug into at any time of the year. With the dizzying array of timelines for return and …

April 15 was the tax day deadline for most people. If you are due a refund there is no penalty if you file a late tax return. But if you …

…and it’s only going to get worse. Not to be an alarmist here, but it’s safe to say that dealing with the IRS on any level has never really been …