Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

To qualify, employers must submit IRS Form 8850 and Department of Labor Form 9061 or 9062 to their state within 28 days of ...

The Work Opportunity Tax Credit is a federal income tax credit available to employers who hire candidates from certain target groups who have consistently faced significant barriers to employment ...

This credit is worth a closer look, though — especially if you're already hiring. Find out how to get help with your IRS tax debt now. How does the IRS Work Opportunity Tax Credit Work?

According to the IRS's official website, penalties can be imposed on taxpayers who claim excessive refunds or credits. These ...

Businesses claim their tax credits when they file their annual tax return. IRS Form 3800, General Business Credit is used to tally the various credits and determine the total monetary amount.