McLaud Law P.C.

08/28/2025

It started with a fake business. It ended with a shootout in broad daylight. Four people are facing federal charges in what prosecutors call the largest COVID-19 tax credit fraud scheme ever identified. This $93 million operation allegedly involved fake companies, kickbacks, and a botched attem…

08/26/2025

The American Institute of CPAs hopes to smooth the Trump administration's move away from paper tax refunds at the Internal Revenue Service.

08/21/2025

A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, marking a win for industry advocates.

08/18/2025

The program offered free tax filing for two years before Republicans shut it down. Now a small group hopes to save the code for a future administration to use.

08/14/2025

Check out our Tax Resolution Times Newsletter for August🌞

Eugene DiNoto was sentenced to federal prison for orchestrating a massive fraud and kickback scheme that defrauded his employer of nearly 29.5 million dollars.

08/14/2025

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

08/12/2025

A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it’s …

08/09/2025

The IRS Direct File program has been under fire from Republicans in Congress since it began. The program still feels like it’s on its way out.

08/07/2025

Since 1954, an IRS rule had barred houses of worship from explicitly endorsing political candidates.

08/05/2025

WASHINGTON, D.C. — The Internal Revenue Service is encouraging taxpayers who requested an extension to file their 2024 federal tax returns as soon as possible, rather than wait until the …

08/03/2025

Former Missouri congressman Billy Long was ceremonially sworn in as IRS commissioner on Friday. Long, who once advocated for abolishing the IRS, takes over an agency struggling with staffing cuts and leadership turnover.

08/02/2025

Still confused about the One Big Beautiful Bill Act (OBBBA)? The IRS has issued some initial guidance with respect to new provisions that take effect for 2025.