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Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 1 day agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 2 days agoThe IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits...
IRS update offers boost to millions of taxpayers
Newsweek· 3 days agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes ...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 3 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
IRS Extends Post-Death RMD Relief Under the 10-Year Rule for 2024 Distributions | JD Supra
JD Supra· 5 days agoThe Internal Revenue Service (IRS) recently extended relief with respect to certain post-death required minimum distributions ...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press· 6 days agoDozens of people — some who brought their lawn chairs and fleece blankets, others who had their...
IRS council recommends raising jackpot withholding level to $5,800
Las Vegas Review-Journal· 5 days agoGenerally, any interaction with the Internal Revenue Service means something bad has happened. The...
New Safe Harbor for the Domestic Content Bonus Tax Credit
The National Law Review· 4 days agoLate last week, the Internal Revenue Service (“IRS”) and Department of the Treasury issued highly...
IRS announces extension of Free File program through 2029 - ABC Columbia
ABC Columbia· 2 days agoThe Internal Revenue Service has extended its Free File Tax Program through 2029.
Six Items that Could Trigger an IRS Audit
WealthManagement.com· 3 days agoThe Internal Revenue Service recently announced its plans to significantly increase audits on the wealthiest taxpayers, large corporations ...