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Law firm Baker McKenzie drops lawsuit against IRS over partnership tax crackdown
Reuters· 10 hours agoInternational law firm Baker McKenzie has dropped its lawsuit seeking to force the Internal Revenue...
Three tax refunds that are raising alarms with IRS
Newsweek· 5 days agoThe IRS is warning taxpayers they may need to amend their returns if they filed for three specific tax credits. Many Americans may have fallen victim to...
IRS Presses Appeals Court to Sustain Levy on Tax Scheme Promoter
Bloomberg Law· 13 hours agoThe IRS properly denied an ex-accountant’s challenge to its proposed levy after he and his wife failed to give evidence of the losses they claim offset their tax& ...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press via Yahoo Finance· 2 days agoMany people are now stressed out over their taxes, even though the IRS had a fairly good season, as...
HILL TAX BRIEF: IRS Crackdown on Rich Non-Filers Brings Anxiety
Bloomberg Law· 20 hours agoWealthy taxpayers are racing to file tax returns before the IRS comes knocking.
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 23 hours agoOn 4/11/24, the IRS wrapped up its 2024 Dirty Dozen List with a “warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore ...
Tax Law Update: June 2024
WealthManagement.com· 8 hours agoThe most pressing tax law developments of the past month.
Kokua Line: Why is IRS freezing so many tax refunds?
Honolulu Star-Advertiser· 2 days agoThousands of dubious income tax returns claiming the Fuel Tax Credit, the Sick and Family Leave Credit or Household Employment taxes have been filed,...
Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with New Elective...
The National Law Review· 13 hours agoOn May 16, 2024, the IRS released Notice 2024-41 (the “Notice”), modifying its preliminary guidance...
IRS should keep its free online tax prep and go bigger, say Sen. Elizabeth Warren and over 100...
Market Watch· 5 days ago“We believe that the IRS can offer free and easy tax filing to every American taxpayer who wants it...