[{"articleAbstract":"Treasury and the IRS said Friday the IRS will use the EPA Fuel Economy Labeling Standard in proposed regulations to define which vehicles are eligible for the Sec. 30D clean vehicle tax credits, enacted as part of the Inflation Reduction Act.","articleTitle":"Change allows more vehicles to qualify for the new clean vehicle tax credit","externalizedPath":null,"featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/feb/change-allows-more-vehicles-qualify-new-clean-vehicle-tax-credit"},"sortDate":"2023-02-06T08:07:17.000-05:00"},{"articleAbstract":"Kenneth Corbin, commissioner of the IRS Wage and Investment Division, said calls are being answered in under 10 minutes as a result of more staff and stifling the “voice bots.”","articleTitle":"Wait times for practitioner phone line reduced, IRS official says","externalizedPath":null,"featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/feb/wait-times-practitioner-phone-line-reduced-irs-official-says"},"sortDate":"2023-02-03T10:09:27.000-05:00"},{"articleAbstract":"Although available to businesses of any size, the IRS expects the new Information Returns Intake System to be especially useful to small businesses that now file paper Forms 1099.","articleTitle":"New online portal available for businesses to file Forms 1099 ","externalizedPath":null,"featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/jan/new-online-portal-available-for-businesses-to-file-forms-1099"},"sortDate":"2023-01-25T17:21:46.000-05:00"},{"articleAbstract":"The IRS also expanded and clarified the instructions for answering the question to help taxpayers answer it correctly. Taxpayers must answer the question even if they didn’t engage in activities involving digital assets, just as in the 2021 tax year.","articleTitle":"Taxpayers reminded about digital asset question and income reporting","externalizedPath":null,"featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/jan/taxpayers-reminded-digital-asset-question-income-reporting"},"sortDate":"2023-01-24T15:40:55.000-05:00"},{"articleAbstract":"FinCEN estimates that most companies will have a simple structure that will require 90 minutes per response, but complex entry filings will require much more time.","articleTitle":"FinCEN provides time estimates for compiling beneficial ownership details","externalizedPath":null,"featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/jan/fincen-provides-time-estimates-compiling-beneficial-ownership-details"},"sortDate":"2023-01-23T16:42:46.000-05:00"}]