Events & News
Organizers
Organizers
2022 Tax Organizer
Tax Organizers for tax year 2022 have been completed and are being mailed and emailed to clients! If you are a current client, please watch
2021 Tax Organizer
Tax Organizers for tax year 2021 have been completed and are being mailed and emailed to clients! Tax Organizers for tax year 2021 are going
2020 Tax Organizer
It’s that time of the year again! Tax Organizers for tax year 2020 are going out. If you are a current client, please watch your
2019 Tax Organizer
Tax Organizers are going out! It’s that time of the year! Be looking for a tax organizer either in your mailbox or email. If
IRS Updates
IRS Updates
IRS to establish special pass-through organization to help with high-income compliance efforts; new workgroup to blend current employees and new hires to focus on complex partnerships, other key areas
IR-2023-176, Sept. 20, 2023 WASHINGTON — As work continues to focus more attention onto high-income compliance issues, the Internal Revenue Service announced plans today to establish
IRS, Electronic Tax Administration Advisory Committee select 8 new members
IR-2023-175, Sept. 19, 2023 WASHINGTON — The Internal Revenue Service has selected eight new members for the Electronic Tax Administration Advisory Committee (ETAAC). Read More
IRS reminder to storm victims in 3 states: File and pay by Oct. 16; most of California, parts of Alabama and Georgia affected
IR-2023-174, Sept. 19, 2023 WASHINGTON — The Internal Revenue Service today reminded individuals and businesses in most of California and parts of Alabama and Georgia
IRS invites public input on ways to improve dispute resolution programs; suggestions wanted
Read More
IRS Commissioner signals new phase of Employee Retention Credit work; with backlog eliminated, additional procedures will be put in place to deal with growing fraud risk
Read More
IRS: Vermont flooding victims now eligible for tax relief; Oct. 16 deadline, other dates extended to Nov. 15
Read More
IRS requests feedback on preview of proposed changes to Form 6765, Credit for Increasing Research Activities
IR-2023-173, Sept. 15, 2023 WASHINGTON — The Internal Revenue Service today released a preview of proposed changes to certain sections of Form 6765, Credit for
IRS looks to hire 3,700 employees nationwide to help expand compliance for large corporations and complex partnerships; experienced accountants encouraged to apply for Revenue Agent positions
IR-2023-172, Sept. 15, 2023 WASHINGTON — As part of larger transformation work underway to make improvements, the Internal Revenue Service announced the opening of more
IRS requests comments on expanding tax certainty and issue resolution programs for business taxpayers
IR-2023-171, Sept. 15, 2023 WASHINGTON — The Internal Revenue Service is requesting comments from taxpayers and advisors about improving and expanding tax certainty and issue resolution options
To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros
Aggressive marketing to ineligible applicants highlights unacceptable risk to businesses and the tax system IR-2023-169, Sept. 14, 2023 Read More
Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims
IR-2023-170, Sept. 14, 2023 WASHINGTON — The Internal Revenue Service continues to warn businesses to watch out for aggressive marketing by nefarious actors involving the
IRS: Georgia taxpayers impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15
IR-2023-168, Sept. 13, 2023 WASHINGTON — The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in 28 of the
IRS cautions plan sponsors to be alert to compliance issues associated with ESOPs
Read More
IRS clarifies rules for new corporate alternative minimum tax
IR-2023-167, Sept. 12, 2023 Read More
IRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books
Agency focus will shift attention to wealthy from working-class taxpayers; key changes coming to reduce burden on average taxpayers while using Artificial Intelligence and improved
IRS reminds gig workers, self-employed and others of Sept. 15 third quarter estimated tax payment deadline
IR-2023-165, Sept. 6, 2023 WASHINGTON — The Internal Revenue Service is reminding taxpayers who pay estimated taxes that the deadline to submit their third quarter
IRS accepting applicants for the 2024 Compliance Assurance Process
IR-2023-164, Sept. 6, 2023 WASHINGTON — The Internal Revenue Service today announced the opening of the application period for the 2024 Compliance Assurance Process (CAP)
IRS: South Carolina taxpayers impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15
IR-2023-163, Sept. 6, 2023 WASHINGTON — The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia, anywhere in South Carolina.
IRS issues a frequently asked question for pass-through entities to report negative amounts electronically to the IRS on Part II of Schedules K-2 and K-3
IR-2023-162, Sept. 5, 2023 Read More
Discussion & General Updates
Discussion & General Updates
Hurricane Ian: Orange Park Office Closed September 29 – 30
Due to the effects of Hurricane Ian, our Orange Park office will be closed. If you need immediate help, please contact our Lubbock office here:
Updated Events & News
Greetings! We are proud to announce an IRS News Feed straight from the IRS Newsroom (https://www.irs.gov/newsroom)! Additionally, the Events & News Page now will be
We Rebranded!
Starting today our website and branding will change to reflect our new theme. Let us know what you think!
Coronavirus Update
To Our Clients, First know as always Greg Homesley CPA, P.C., Inc. will honor its core values in full and throughout this tumultuous environment, we