Search results
IRS Notice: Proposed Regulations to Be Issued Addressing Partnership “Basis Shifting” Transactions (...
Bloomberg Law· 2 days agoTwo sets of proposed regulations will be issued that would provide special rules for certain transactions under I.R.C. §732, §734, §743, §755, and §1502, the IRS announced. Proposed regulations would ...
Theft Loss Deductions Denied | New York Law Journal
Law.com· 20 hours agoTax consequences to an individual whose stock, securities or other property lose value by reason of a crime may be significantly affected by whether the...
Aid Trucks Pile Up Inside Gaza Despite Pause in Fighting
The Wall Street Journal· 2 days agoOfficials from the United Nations, the largest distributor of aid in Gaza, say that people are...
Debris From Destruction Adds to Dire Health Crisis in Gaza, U.N. Says
New York Times· 4 hours agoMore than eight months of Israeli bombardment has left more than 39 million tons of debris, a...
World leaders need to step up on displacement, aid leaders say
Politico· 5 days ago“They can’t leave, and neither can the hostages being held, so all their futures depend on the acceptance of President Biden’s cease-fire proposal,” International
Estate Fight Over Share Value Should Go to Trial, Tax Court Says
Bloomberg Law· 15 hours agoThe US Tax Court on June 14 denied summary judgment to the estate of Douglas Anderson, which is challenging a $4.1 million IRS deficiency over the proper value of shares in a family business ...
IRS Rev. Rul.: Applicable Federal Rates for July 2024 (IRC §1274)
Bloomberg Law· 19 hours agoVarious prescribed rates for federal income tax purposes for July, including the applicable federal interest rates, the adjusted AFRs, the adjusted federal long-term rate, and the adjusted federal long-term tax-exempt ...
‘A Hellscape’: Dire Conditions in Gaza Leave a Multitude of Amputees
New York Times· 2 days agoAccess to medical care and even clean water is limited, and the risk of infection is high, making it...
...Not Abuse Discretion in Denying Request for Penalty Abatements and Consideration of Collection...
Bloomberg Law· 14 hours agoSettlement officer (SO) with the IRS Independent Office of Appeals (Appeals) did not abuse her discretion in determining Petitioner was not entitled to abatement of previously assessed additions ...
Pro-bono legal service launched in Calgary for Indigenous people facing criminal charges
CBC via Yahoo News· 2 days agoA new Calgary organization aimed at addressing the overrepresentation of Indigenous people in the...