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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
Boston Herald· 3 hours agoThe IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50...
Temporary RMD Relief Extended Through 2024
SmartAsset via AOL· 22 minutes agoIf you inherited a retirement account, the IRS may have suspended your RMD deadlines. In Notice 2024-35, the IRS has deferred annual distribution requirements ...
Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
CNBC· 3 hours agoIRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington,...
IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy
NBC NEWS· 1 hour agoThe IRS estimates it will raise more than $50 billion over the next decade by closing a loophole...
The IRS says it can raise $50 billion by closing an 'abusive' tax loophole used by the ultra-rich
Quartz· 50 minutes agoThe Internal Revenue Service says it could raise more than $50 billion over the next decade by...
IRS Crackdown Takes New Aim at Partnerships’ Maneuvers
The Wall Street Journal· 3 hours agoWASHINGTON—The Biden administration is starting a new initiative to limit tax dodging through the...
The IRS is targeting tax cheats who play ‘shell games.’ Uncle Sam could net $50 billion.
Market Watch· 3 hours agoBy blocking the move and telling taxpayers who use it that they are on notice, the government can...
Latest IRS effort to target wealthy tax cheats could raise $50 billion over a decade
CNN via AOL· 3 hours agoThe Internal Revenue Service announced Monday its latest move to crack down on wealthy tax cheats –...
IRS Rev. Rul.: Economic Substance Doctrine for Partnership Related-Party Basis Adjustments (IRC...
Bloomberg Law· 37 minutes agoUsing three example situations, Taxpayers are advised of the IRS’s position challenging certain partnership related-party transactions under the codified economic substance ...
IRS: Taxpayers may avoid a penalty by making a second-quarter estimated payment by June 17
CNBC· 3 days agoThe second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you...
