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What Is A Roth IRA and How Does It Work?
GoBankingRates via AOL· 9 hours agoA Roth IRA is a qualified individual retirement account that allows you to grow investments tax-free. You contribute money you've already paid taxes on.
State’s high court reverses lower court’s ruling that online travel-booking companies owe $34.2...
Arkansas Democrat-Gazette· 4 hours agoIn February of 2023, Jefferson County Circuit Judge Robert Wyatt ruled to penalize those companies,...
IRS Wins $5.2 Million in Microcaptive Business Tax Penalty Case
Bloomberg Law· 10 hours agoThe US has won a counterclaim over the unpaid balance of tax penalties assessed against an attorney who had been a prominent microcaptive insurance provider—concluding an ...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 14 hours agoOn Aug. 29, 2023, Treasury and the IRS published proposed regulations that, if finalized, will require brokers (including digital asset trading platforms, digital asset payment processors, and ...
Taxlift's Innovative Approach to IRS Tax Debt Relief Establishes New Risk-Free Standard
Morningstar· 4 hours agoIRVINE, CA / ACCESSWIRE / May 16, 2024 / Taxlift, a pioneering tax debt resolution firm, is changing the game in how individuals and businesses tackle their IRS negotiations ...
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Detroit Free Press via Yahoo Finance· 18 hours agoDon't ignore one of these IRS letters, if you receive them. Review the exact guidelines for any of...
Penalties Properly Assessed for Failure to File Form 5472
WealthManagement.com· 2 days agoCourt of Appeals for the District of Columbia Circuit issued a decision in Farhy v. Commissioner,...
What Do I Need to Know About 401(k) Withdrawal Taxes?
SmartAsset via AOL· 1 day agoOne of the most attractive features of a 401(k) plan is that you can contribute pretax dollars...
Apple Forgiven Millions in Chicago ‘Netflix Tax’ Paid by Rivals
Bloomberg Law· 13 hours agoApple Inc. received at least $13 million, and probably much more, in tax forgiveness from the city of Chicago after settling a lawsuit that claimed the city’s “Netflix < ...
Tax Leak Penalty, Foreign Influence Bills Sent to House
Bloomberg Law· 1 day agoHouse Ways and Means Committee members Wednesday showed rare bipartisanship, advancing several bills on penalties for leaking tax information and the transparency of and foreign ...