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IRS, federal agencies warn seniors of scams
KHON 2 Honolulu· 1 day agoAs part of continuing efforts to protect the senior community, the Internal Revenue Service issued a warning about the rising threat of impersonation...
IRS warns of scams targeting seniors
KATC 3 Lafayette· 3 days agoAs part of continuing efforts to protect the senior community, the Internal Revenue Service today issued a warning about the rising threat of...
IRS Issues First Draft of Cryptocurrency Reporting Form | JD Supra
JD Supra· 4 days agoThe IRS appears to be on the verge of changing the way digital asset (i.e., cryptocurrency) transactions are reported for federal tax purposes. On April 19, 2024, the < ...
Dear IRS: This May Look Like My Income, But It Belongs To Someone Else
Forbes· 3 days agoIn that sense, who pays tax on joint bank accounts may not be clear or easy to unravel. If you...
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.
IRS update as letters spark anxiety: 'It's annoying'
Newsweek· 3 days agoSeveral taxpayers have reported anxiety after receiving erroneous letters from the Internal Revenue Service claiming they haven't paid their taxes by the...
Utahn who worked for IRS charged in federal court with trying to steal $2M
KSL Salt Lake City· 21 hours agoRodney Quinn Rupe, 46, of Syracuse, devised a "scheme," from July 2021 to March this year, where he...
IRS Heeds Call to Investigate Misuse of Puerto Rican Residency Tax Benefits | JD Supra
JD Supra· 4 days agoThe IRS continues to face external pressure from Congress to curb abuses of Puerto Rico’s tax benefits – results are to be expected in the form of increased ...
Fact Check: About Those $8,700 Stimulus Checks the IRS Is Supposedly Issuing to Qualifying Americans
Snopes· 4 days agoIn June 2024, Google's trending searches list displayed an enticing search string reading, "irs...
IRS Private Letter Ruling Concludes REMIC Can Hold C-PACE Assessments | JD Supra
JD Supra· 3 days agoAccordingly, the PLR concludes that those C-PACE assessments will be permitted assets for a REMIC. The PLR is consistent with prior statements from the IRS regarding the treatment of special assessments as debt.