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IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 9 hours agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
What’s Next For ERC Refund Claims Pending With The IRS?
Forbes· 5 days agoThe latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 5 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
5 Things You Should Know Now About IRS Form 3520-A
Forbes· 7 days agoU.S. persons with interests in foreign trusts often have complicated international reporting obligations. Aside from an IRS Form 3520, these persons may ...
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 7 days agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...
IRS whistleblower Shapley said he 'could no longer pursue' Hunter Biden sugar brother Kevin Morris...
Fox News via Yahoo News· 5 days agoIRS whistleblower Gary Shapley said he was told he “could no longer pursue" Hunter Biden “sugar...
Crypto Broker Reporting Regulations Should Avoid Mismatch Risk
Bloomberg Law· 7 days 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 ...
IRS extends Free File tax program through 2029
CNBC· 5 days agoThe IRS has extended the Free File program through 2029, continuing its partnership with a coalition of private tax software companies that allow most...
IRS update offers boost to millions of taxpayers
Newsweek· 5 days agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free File, will be...
Is a change in slot-machine jackpot thresholds really coming?
Las Vegas Review-Journal· 1 day agoIssuing W2Gs But rules are rules. The IRS wants its share of the jackpot a player wins and, to...