Search results
Taxes are a pain. Here’s how to make them a less expensive pain if you live in Massachusetts. - The...
The Boston Globe· 5 days agoThe key part is doing everything you can to avoid the latter — through these things called tax...
HILL TAX BRIEF: Biden Official Forecasts Direct File Expansion
Bloomberg Law· 5 days agoA top economic adviser to President Joe Biden staked out the administration’s priorities ahead of the 2025 tax fight, renewing the White House vow to raise taxes on the rich ...
Weekly IRS Roundup May 6 – May 10, 2024
The National Law Review· 2 days agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...
The Corporate Transparency Act: A Reporting Guide for Medical Groups and MSOs
The National Law Review· 4 days agoBroadly speaking, the CTA requires that any entity that qualifies as a “reporting company” file a...
Government updates procedures to change R&D, income recognition, and inventory methods in new Rev....
JD Supra· 5 days agoOn April 30, 2024, the Internal Revenue Service (IRS) released Rev. Proc. 2024-23, List of Automatic Changes, which provides the list of tax accounting ...
Form 5330 E-Filing Requirement Headache | JD Supra
JD Supra· 4 days agoThe Form 5330[1], an excise tax return used by certain employers and individuals to pay penalty taxes, must be filed electronically for taxable years ending on or after December ...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 2 days 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 ...
Ex-corporate lawyer to plead guilty to not paying federal taxes on $3.4 million of income
Gannett via AOL· 5 days agoLentzen's attorney did not return calls for comment Friday. Contact Cary Spivak at (414) 550-0070 or cspivak@jrn.com. Follow him on Twitter at @cspivak. This article originally appeared on Milwaukee ...
JD Supra: Retirement Lost & Found: DOL Proposes Voluntary Reporting
JD Supra· 1 day agoConsequently, DOL has issued a proposed procedure (the “Proposal”) to collect data directly from plan administrators on a voluntary basis via a new filing...
Proposed Regulations May Mitigate Certain US Tax Reporting Obligations for Some US Taxpayers | JD...
JD Supra· 3 days agoFor example, an individual may have an ownership interest in a foreign (i.e., non-U.S.) company, be a beneficiary of a foreign trust, or receive gifts from non-US friends ...
