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Tax experts testified during a hearing about the Employee Retention Credit and the issues they and their clients are facing.
July 28 -
The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.
March 23 -
Relationships between a wealth management company and a law firm soured and spilled into a Quebec court.
January 30 -
"ERC mills" are encouraging applications for the tax credit from businesses that may not qualify for the pandemic relief program.
October 24 -
Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.
October 3 -
Federal investigators are uncovering billions of dollars in fraud tied to pandemic relief programs.
September 21 -
It’s one of the hottest corners of crypto — and now the U.S. government wants its share of the profits.
January 18 -
The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that crypto users assumed were hidden.
June 25 -
Individuals have already started receiving requests for information, according to tax attorneys.
June 3 -
The Biden administration is also calling for banks to report on account flows to help boost tax-payment compliance.
May 20