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Tax and financial planning news from around the web: July 29 – Aug. 2, 2024

Written on Jul 31, 2024

For tax professionals, the year's midpoint provides an appropriate time to reflect on developments thus far — and between Supreme Court cases, congressional legislation, and agency pronouncements, this year may well be more eventful than most. 

As the IRS intensifies work on the Employee Retention Credit, the agency today shared five new warning signs being seen on incorrect claims by businesses.