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1. • Today is the last day to file your 2020 taxes before $1 billion in refunds are lost forever

     The Columbus Dispatch via Yahoo Finance· 7 hours ago

     There are a couple of ways you can obtain documents to get your 2020 tax return in by the deadline, which includes requesting a copy online, filing Form 4506-T, or getting copies from your employer ...

2. • $1 Billion in Tax Refunds Disappears Today If You Don't Claim It

     CNET· 11 hours ago

     Almost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't file a tax return ...

3. • 

     Former IRS officer and his brother sentenced for scamming over $3M in loan relief funds

     KRON4· 5 hours ago

     (KRON) — A former IRS officer, Frank Mosley, 58, of Oakland, and his brother Reginald Mosley, 60, of...

4. • 

     IRS Issues Proposed Foreign-Trust Regulations

     WealthManagement.com· 11 hours ago

     On May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information reporting of...

5. • 

     Trump may face a $100M-plus tax bill if he loses IRS audit fight over Chicago tower, according to...

     Politico· 6 days ago

     The report said Trump initially reported losses of $658 million in his 2008 filings under the...

6. • New IRS Ruling Guidelines Significantly Impact Tax-Free Spin-Offs | JD Supra

     JD Supra· 19 hours ago

     On May 1, 2024, the Treasury Department (Treasury) and Internal Revenue Service (IRS) released Revenue Procedure 2024-24 (Revenue Procedure), which sets out substantially ...

7. • 

     Todd Chrisley is appealing ruling that he defamed GA revenue agent, owes her $755K

     WSB Cox articles via Yahoo News· 3 days ago

     Channel 2 Action News first started investigating the Chrisleys in 2017...Chrisleys owed the state...

8. • Ex-Novatek CFO Can’t Escape IRS $44 Million Foreign Account Suit

     Bloomberg Law· 1 day ago

     The former finance chief of Russian natural gas producer Novatek must face a $43.8 million civil lawsuit brought by the IRS for his alleged failure to report foreign bank accounts, a federal court said.

9. • The Tax Consequences of Offshore Mutual Funds for US Expats and Taxpayers | JD Supra

     JD Supra· 19 hours ago

     US expatriates have faced a substantial number of challenges over the past several years as a result of FATCA. Almost all Foreign Financial Institutions (FFIs) require substantiated documentation ...

10. • 

      IRS may owe you $932; How to file claim before May 17 deadline

      The Cleveland Plain Dealer· 2 days ago

      About 1 million people who didn’t file their tax returns for 2020 may still be eligible for a refund...