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National Taxpayer Advocate Calls Out IRS on International Information Return Penalties | JD Supra
JD Supra· 3 days agoIn a blog post on May 21, 2024, National Taxpayer Advocate Erin Collins called for the IRS to cease its systemic assessment of international information return penalties and ...
Michael Jackson’s Kids Are Feeling the Effects of His Estate’s Expensive IRS Dispute
SheKnows via Yahoo News· 7 days agoThe finances of Michael Jackson’s three children, Prince, 27, Paris, 26, and Bigi, 22, along with...
IRS extends tax deadlines for Collin, Denton county residents
Community Impact· 19 hours agoTexas after severe storms hit the area in late May. Taxpayers within select counties will now have...
Here's How You Can Tap Your 401(k) Early -- Without a Costly Penalty
The Motley Fool via AOL· 1 day agoThis year, it's $23,000 if you're under age 50 or $30,500 if you're 50 or older. In exchange for its...
Former IRS employee from Utah charged after trying to steal millions from government
KTVX via Yahoo News· 1 day agoSALT LAKE CITY (ABC4) — A former IRS employee has been charged after he allegedly abused his...
Farhy Seeks Rehearing in IRS Foreign Reporting Penalty Challenge
Bloomberg Law· 3 days agoThe taxpayer who successfully challenged the IRS’s authority to assess penalties for failing to disclose interest in foreign businesses, only to have that decision reversed ...
The 4 Smartest Places to Put Your Money in June 2024
The Motley Fool via AOL· 2 hours agoMoney you contribute to an IRA is pre-tax up to the allowable IRS limit. This year, that limit is $7,000 if you're under age 50, or $8,000 if you're 50...
IRS makes free tax return program permanent and is asking all states to join in 2025
WPBF West Palm Beach· 5 days agoThe IRS said Thursday it will make permanent the free electronic tax return filing system that it...
NY Waste Management Owner Properly Denied $3.7 Million NOL Claim
Bloomberg Law· 4 days agoThe owner of a New York waste management company isn’t entitled to carry back a $3.7 million net operating loss and must pay accuracy-related penalties to the IRS, the US Tax Court said Monday.
How Do I Roll Over My Roth 401(k) to a Roth IRA?
SmartAsset via Yahoo Finance· 1 day agoSaving through a Roth 401(k) can help you grow a nest egg that you can then tap into in retirement without having to pay taxes. If you leave your job or...