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Crypto Broker Reporting Regulations Should Avoid Mismatch Risk
Bloomberg Law· 1 hour agoThe IRS’s April 19 release of the draft Form 1099-DA—which will be used to report certain sales and exchanges of digital assets on or after Jan. 1, 2025—may indicate that ...
IRS Racial Audit Disparities Need Accountability to Be Resolved
Bloomberg Law· 1 hour agoThe IRS has committed to reevaluating the mechanisms that caused the disparity and refining their compliance approaches—but tweaking the dials on the algorithm is insufficient ...
IRS announces tax relief for taxpayers impacted by tornadoes
Southwest Iowa's daily newspaper· 12 hours agoRevenue Service announced Saturday tax relief is available for individuals and businesses in Iowa...
Law firm Baker McKenzie drops lawsuit against IRS over partnership tax crackdown
Reuters· 14 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...
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 1 day 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 ...
HILL TAX BRIEF: IRS Crackdown on Rich Non-Filers Brings Anxiety
Bloomberg Law· 24 hours agoWealthy taxpayers are racing to file tax returns before the IRS comes knocking.
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...
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,...
IRS Presses Appeals Court to Sustain Levy on Tax Scheme Promoter
Bloomberg Law· 17 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& ...
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