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401(k) Contribution Limits 2024
GoBankingRates via AOL· 21 hours agoTo ensure everyone is treated fairly — and the IRS gets its fair share of taxes — the IRS put rules into place to limit how much highly compensated...
25 Investigates: Identity theft tax fraud leading to long waits for refunds
FOX 25 Boston· 6 days agoAccording to an annual report by the National Taxpayer Advocate, “Individuals who are victims of...
IRS Updates PTC and ITC Domestic Content Bonus Guidance | JD Supra
JD Supra· 5 days agoOn May 16, 2024, the Internal Revenue Service (IRS) issued further guidance (Notice 2024-41, the Additional Notice) intended to provide clarity and certainty surrounding the ...
Is it too late to get tax relief?
CBS News· 6 days agoTax season has come and passed but, for many, the burden of owing taxes is still a concern. While most Americans receive tax refunds, there are millions...
IRS Payment Plan vs. Personal Loan: Which Should You Use to Pay Your Tax Bill?
Newsweek· 5 days agoVault’s Viewpoint on the IRS Payment Plan vs. Personal Loan An IRS payment plan allows you to pay...
JD Supra: Missing the Tax Court’s 90-Day Deficiency Deadline – Now What?
JD Supra· 4 days agoOver the years, I have observed there is only one thing that a taxpayer fears more than being notified by the IRS that their income tax return for a particular taxable year ...
How Trump’s Media Merger Could Provide Him With a Much-Needed $3 Billion Financial Lifeline
GOBankingRates via Yahoo Finance· 13 hours agoAs a result of former President Donald Trump's civil fraud case in New York, which accuses him of...
Treasury and IRS Issue Additional Domestic Content Guidance Under IRA and New Elective Safe Harbor |...
JD Supra· 5 days agoOn May 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-41, which modifies Notice 2023-38 (Prior Guidance) by expanding the ...
Got a Tax Extension? Here's Why You Might Still Want to File Your Return in May
The Motley Fool via AOL· 6 days agoBut if you weren't ready with your 2023 return at that time, you hopefully requested an extension....
IRS Targets Charitable Remainder Annuity Trusts (CRATs) as Listed Transactions | JD Supra
JD Supra· 4 days agoOn March 25, 2024, the IRS issued proposed regulations (REG-108761-22) which, if finalized, would identify certain CRATs as listed transactions. For those unaware of the listed ...