The Internal Revenue Service (IRS) announced an increase in the optional standard mileage rates for business…
Tag: IRS
IRS Contractors’ Data Security Lapses Raise Privacy Concerns
A recent memo from the Treasury Inspector General for Tax Administration (TIGTA) revealed significant security gaps…
IRS Expands Superfund Tax List by 42% in Four Years
The Internal Revenue Service (IRS) has expanded its list of taxable substances under the Superfund chemical…
IRS Reinforces Human Oversight Amid Rise of AI in Tax Practices
The IRS has issued new guidance emphasizing that artificial intelligence (AI) should not replace human judgment…