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Crypto Broker Reporting Regulations Should Avoid Mismatch Risk
Bloomberg Law· 3 hours 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—may indicate that ...
IRS Racial Audit Disparities Need Accountability to Be Resolved
Bloomberg Law· 3 hours agoThe IRS finally acknowledged this month what Stanford’s Institute for Economic Policy research uncovered in 2023: Racial disparities in taxpayer audit rates have negatively ...
Advocates for IRS whistleblowers accuse Special Counsel Weiss of retaliation, misleading: ‘Smear...
Fox News via Yahoo News· 1 day agoLawyers for two IRS whistleblowers claim special counsel "hid and twisted" information, prompting...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press· 2 days agoWhat's often billed as a friendly, no-appointment-needed, walk-in Saturday at the IRS turned into a...
IRS council recommends raising jackpot withholding level to $5,800
Las Vegas Review-Journal· 20 hours agoGenerally, any interaction with the Internal Revenue Service means something bad has happened. The...
IRS agent testifies about ‘peculiar’ names in food distribution sites in Feeding Our Future trial
Minneapolis-St. Paul Star Tribune· 13 hours agoThree children all named "John Doe" allegedly received free food. None of those names matched the...
In a Oakland, California Courtroom Former IRS Revenue Officer and His Brother Among 6 Defendants...
Sierra Sun Times· 22 hours agoOAKLAND, CA – Six defendants, including a former IRS revenue officer and his brother, have been...
IRS announces tax relief for taxpayers impacted by tornadoes
Southwest Iowa's daily newspaper· 15 hours agoInternal Revenue Service announced Saturday tax relief is available for individuals and businesses...
Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with New Elective...
The National Law Review· 19 hours agoOn May 16, 2024, the IRS released Notice 2024-41 (the “Notice”), modifying its preliminary guidance...
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 1 day agoOn 4/11/24, the IRS wrapped up its 2024 Dirty Dozen List with a “warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed ...