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Choose how your business is taxed: IRS Form 8832
TheStreet.com· 3 days agoDifferent business structures have distinct tax benefits and obligations. If you want to change your business's tax status, you'll need IRS< ...
IRS: Many train derailment payments are tax-free
WKBN 27 Youngstown· 3 days agoOhio Senator Sherrod Brown announced Wednesday that most reimbursements that Ohioans received from Norfolk Southern related to the East Palestine train...
IRS Issues Fact Sheet on Disaster Relief Distributions and Plan Loans | JD Supra
JD Supra· 6 days agoHistorically, the IRS and Congress released certain disaster relief exemptions with respect to retirement plans on a disaster-by-disaster basis. The Federal ...
East Palestine residents won’t have to pay taxes on some Norfolk Southern payments, IRS says
The Cleveland Plain Dealer· 3 days agoEast Palestine residents won’t pay taxes on most of the payments they received from Norfolk Southern...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 6 days agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer ...
...JD Supra: Treasury Department and IRS Issue Final Regulations Regarding the Transferability ofTax...
JD Supra· 3 days agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax
New Generation-Skipping Tax Regulations Offer a Crucial Lifeline
Bloomberg Law· 4 days agoThe IRS’s final generation-skipping tax, or GST, exemption regulations offer exciting news for taxpayers by ultimately providing more relief< ...
IRS Notice: Certain Relief Payments Made to Individuals Affected by Last Year’s Ohio Train...
Bloomberg Law· 3 days agoThe Feb. 3, 2023, derailment of a freight train operated by a common carrier in East Palestine, Ohio, is a qualified disaster for purposes of I.R.C. §139, the IRS announced ...
4 tips to minimize taxes when investing
The Week via Yahoo Finance· 2 days agoThe first refers to tax on dividends and interest that you earn in your portfolio. "Interest and 'ordinary dividends' are taxed at your...might be exempt...
Keith L. Jones, CPA Announces Exclusive Sponsorship of Tax Mob 2024 Cocktail Party
Digital Journal· 3 days agoJones, CPA empowers clients to navigate complex tax issues with confidence and clarity. Keith Jones, CPA, TheCPATaxProblemSolver is a highly trusted tax ...
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