Tax News

IRS Clamps Down on Dubious Pandemic Tax Claims: 20,000 Rejections Signal Crackdown on ERC Eligibility

IRS Clamps Down on Dubious Pandemic Tax Claims: 20,000 Rejections Signal Crackdown on ERC Eligibility

IRS Action: The IRS is sending 20,000 rejection letters to taxpayers who wrongly claimed the pandemic-era Employee Retention Credit. Compliance…

December 8, 2023

IMF Report: Governments Struggle to Tax Crypto, Billions at Stake

Governments worldwide face challenges in taxing cryptocurrencies, risking the loss of billions of dollars in potential tax revenue. The International…

July 6, 2023

Paris-Based VC Firm Frst Raises €72M for Tech Startups, Pioneering AI Investment

Paris-based VC firm Frst raises €72 million for its second fund. Frst aims to be the first VC firm to…

June 26, 2023

PwC Australia Unveils Staff Names in Confidential Tax Plan Leak Scandal

PwC Australia discloses names of 67 current and former staff involved in leak of confidential government tax plans. Leak scandal…

June 5, 2023

SARS eFiling Upgrade: Smoother, Safer Tax Services Ahead

SARS has scheduled an eFiling system upgrade on 6 May 2023 to enhance its digital services and security. The upgrade…

May 5, 2023

SARS Unveils Free Tax Workshops & Mobile Units Across SA

SARS has announced a series of free tax workshops across various provinces in South Africa, taking place between April and…

May 5, 2023

Telegram Tax Trap: SARS Warns of Fraudulent Refund Scheme

SARS warns against a Telegram scam promising tax refunds and commissions to individuals who pay tax through a merchant. The…

May 5, 2023

Ex-Eskom CEO Hides in Germany Amid Explosive Corruption Claims

The Gauteng High Court has granted the ANC permission to serve defamation claim papers against former Eskom CEO Andre de…

May 4, 2023

Taxpayers to Bail Out Struggling Municipalities with Eskom Debt

Taxpayers will provide financial relief to municipalities that are unable to pay their electricity bills owed to Eskom, which is…

May 4, 2023

SARS Enhances Taxpayer Experience: Platforms Undergo Scheduled Maintenance

SARS has scheduled maintenance for its Third Party Data production platforms, Secure File Gateway and Connect:Direct, on 6 May 2023…

May 4, 2023