IRS Warns of New Scam Targeting Clean Energy Tax Credit

IRS Warns of New Scam Targeting Clean Energy Tax Credit

by Internal Revenue ServicePhoto courtesy of American Public Power Association on UnsplashThe Internal Revenue Service warned taxpayers not to fall victim to a new emerging scam involving buying clean energy tax credits.In... Read more »
US IRS updates foreign tax credit agency guidance – MNE Tax

US IRS updates foreign tax credit agency guidance – MNE Tax

An IRS apply unit revealed September 1 critiques the foundations with respect to the foreign tax credit for companies, together with key ideas, eligible taxpayers, and qualifying taxes – updating the content... Read more »
Super Wealthy Flee US Taxes in Puerto Rico, Find IRS Auditors Already Waiting

Super Wealthy Flee US Taxes in Puerto Rico, Find IRS Auditors Already Waiting

Private wealth purchasers, hedge fund managers and cryptocurrency merchants fleeing to Puerto Rico for its enormous tax breaks—and to flee President Joe Biden’s proposed capital beneficial properties tax will increase—are actually the... Read more »
IRS Seizes Foothold on Puerto Rico Tax Haven Audits

IRS Seizes Foothold on Puerto Rico Tax Haven Audits

Private wealth shoppers, hedge fund managers and cryptocurrency merchants fleeing to Puerto Rico for its big tax breaks—and to flee President Joe Biden’s proposed capital beneficial properties tax will increase—are actually the... Read more »