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Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 2 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
JD Supra: IRS Publishes Proposed Regulations on Stock Buyback Excise Tax
JD Supra· 4 days agoOn April 12, 2024, the US Department of the Treasury and the IRS published proposed regulations (89 FR 25980 and 89 FR 25829, the “Proposed Regulations”) on the application ...
Understanding HSA Tax Benefits, and If Contributions Are Deductible
247wallst.com· 2 days agoHealth savings accounts (HSAs) are known as some of the most tax-advantaged savings vehicles...
Weekly IRS Roundup May 20 – May 24, 2024
The National Law Review· 4 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 20, 2024 – May 24, 2024. May 20...
U.S. Tax: 4 Tips For Americans Receiving A Foreign Inheritance
Forbes· 2 days agotax obligations. In today’s global economy it is increasingly common for Americans whether living...
Wash-sale rule: What is it, examples, and penalties
TheStreet via Yahoo Finance· 2 days agoe., for a 61-day period, since you count the day of the sale). If you do, the loss is disallowed for tax purposes. For example, if you sell 100 shares of...
New Jersey Lawyer Gets 5 Years in Prison for Identity Theft, Wire Fraud
Shore NewsNetwork· 5 days agoAttorney Philip R. Sellinger. The sentencing was handed down by U.S. District Judge Julien X. Neals in Newark federal court. Lisa had earlier pleaded guilty to charges including wire fraud, ...
Trump Guilty x 34
The Fiscal Times· 6 days agoHistory was made today as Donald Trump was found guilty of all 34 felony counts in his election interference trial in New York. The former president and...
How much are home equity loan closing costs?
Bankrate via AOL· 8 hours agoMany lenders offer an interest rate discount if you do, generally around 0.25-.5 percent. Autopay requires linking your loan account with a checking or...
Sustainability and ESG Advisory Practice Update, May 2024 | JD Supra
JD Supra· 5 days agoOn May 13, 2024, FERC issued Order No. 1920, addressing transmission planning and cost allocation reform. The rule is the first time in more than a decade that FERC has addressed regional transmission ...
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