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IRS plans to more than double its audit rate of wealthy taxpayers
FOX Business· 2 hours agoThe IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of...
10 Most Tax-Friendly States for Retirees: Some with No Property Tax
Insider Monkey via Yahoo Finance· 26 minutes agoThis article takes a look at the 10 most tax-friendly states for retirees: some with no property tax...
Mass. collected $1 billion more in tax revenue than expected in April, but state doesn’t plan to...
The Boston Globe· 27 minutes agoMatt Gorzkowicz, Healey’s budget chief, said officials believe most of the unexpected revenue was...
Migrants get new tax credits
Newsweek· 2 hours agoApproximately 100,000 migrants known as "Dreamers" will receive tax breaks due to the Biden administration allowing participants in the Deferred Action...
This 401(k) match change could have “unintended consequences” at tax time, experts say
NBC New York· 4 hours agoIf you've opted into your employer's matching 401(k) Roth contributions this year, it could trigger...
Capstone Holding Corp. Reinstates Tax Benefit Plan
Digital Journal· 5 hours agoThe terms of the Rights are set forth in a Tax Benefit Preservation Plan (the "Benefit Plan"), dated as of May 1, 2024, between the Company ...
How Can I Reduce the Amount of My RMD Payments?
SmartAsset via Yahoo Finance· 7 hours agoIn the year that a required minimum distribution (RMD) is due from a 401(k), IRA or other pre-tax retirement account, you’re required to withdraw a...
Georgia data centers tax break debate pits industry interests against environmentalists
Columbus Ledger-Enquirer via Yahoo Finance· 2 hours ago“By signing HB1192, you will move forward reasonable steps that will help Georgia understand and ...
U.S. Government Delays Even-Stricter EV Tax Credit Rules
InsideEVs· 5 hours agoThe U.S. government has delayed implementing even-stricter sourcing requirements for EVs to qualify...
I Have $640k in a 401(k). How Can I Avoid Taxes on a Roth Conversion?
SmartAsset via Yahoo Finance· 9 hours agoConverting a 401(k) to a Roth IRA can potentially provide valuable long-term benefits, but it also...