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Weekly IRS Roundup June 3 – June 7, 2024
The National Law Review· 2 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 3, 2024 – June 7, 2024.
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via Yahoo Finance· 7 hours agoExploring the refund riddle Given its reputation as more opaque than a pile of red tape, the IRS...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
MSN News· 7 hours agoComplex calculations are involved, but the loophole is real.
IRS issues warning to millions of older Americans
Newsweek· 2 days agoThe Internal Revenue Service (IRS) has issued a warning about a range of scams using "fear and deceit to exploit" elderly Americans. The government...
No, the IRS is not sending out $8,700 stimulus checks
ABC 10 Sacramento· 3 days agoDuring the COVID-19 pandemic, the Internal Revenue Service (IRS) sent out three rounds of economic...
Healthcare company execs arrested for running $100M online Adderall scheme
KTVU via Yahoo News· 16 hours agoThe founder-CEO and clinical president of a digital health company have been arrested and charged...
Understanding IRS Form 56: A Guide For Taxpayers And Fiduciaries
Forbes· 5 days agoIRS Form 56 is a pivotal document in tax and financial regulations. Officially titled, “Notice...
IRS warns taxpayers about paying massive penalties
Newsweek· 5 days agoThe Internal Revenue Service (IRS) has issued a stark reminder to taxpayers who missed their April deadline that they could face severe penalties if they...
IRS Seeks In-Person Interviews For Failure To File A 2011 Form 5471
Forbes· 3 days agoTaxpayers with foreign assets often have international information return filing requirements. In...
Most IRS buildings operating at less than 50% occupancy
The Washington Times· 5 days agoA majority of the IRS’s office buildings are running at less than 50% capacity, the tax agency’s...