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IRS announces tax-free payments for thousands
Newsweek· 12 hours agoThe Internal Revenue Service (IRS) made the announcement on Wednesday, after determining that a derailment qualifies as "an event of a catastrophic...
5498 Series Forms Are Due to the IRS Today; Meet the Deadline With TaxBandits!
Digital Journal· 6 days agoROCK HILL, SC / ACCESSWIRE/ May 31, 2024 / Today marks another important IRS deadline for filing 5498 Series forms and distributing recipient copies as needed. This series ...
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 4 days agoDonations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you get something in return. How does the IRS determine if a purported ...
Choose how your business is taxed: IRS Form 8832
TheStreet.com· 1 day agoDifferent business structures have distinct tax benefits and obligations. If you want to change your business's tax status, you'll need IRS Form 8832. & ...
Hunter Biden may be doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
INSIDER via Yahoo News· 8 hours agoBut that fell apart in a court hearing when Noreika questioned the deal's technical mechanisms. Amid...
Democrats fume over proposed IRS cuts
The Hill via Yahoo News· 6 hours agoDemocrats are fuming mad over Republican proposals to scale backIRS funding and defund the agency’s new free online tax filing system. House Ways and...
Former IRS employee from Utah charged after trying to steal millions from government
KTVX via Yahoo News· 20 hours ago“After diverting the tax credits in the IRS database owed to ExxonMobil, Rupe then transferred the...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 1 day agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
Here's How You Can Tap Your 401(k) Early -- Without a Costly Penalty
The Motley Fool via AOL· 13 hours agoThis year, it's $23,000 if you're under age 50 or $30,500 if you're 50 or older. In exchange for its...
IRS can tax death benefits used to purchase stocks, high court rules
Courthouse News Service· 16 hours agoThe government can claim more in estate taxes from certain stock handoffs after a shareholder dies...