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Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 3 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
IRS Extends Free File Tax Program Through 2029 - Slashdot
Slashdot· 4 days agoThe IRS has extended the Free File program through 2029, "continuing its partnership with a coalition of private tax software companies that allow most ...
Small Business - Shelby County Reporter | Shelby County Reporter
The Shelby County Reporter· 1 day agoKey West, FL, May 25, 2024 – The IRS Annual Filing Season Program (AFSP) invites tax professionals to an enriching three-day conference ...
Partnership Beats IRS In Tax Court: BBA Election Held Valid
Forbes· 4 days agoIn SN Worthington Holdings LLC v. Comm’r, 162 T.C. No. 10 (May 22, 2024), a partnership made an election to have its audit conducted under the new Bipartisan Budget Act of 2015 (BBA) partnership ...
Wealth Matters: Scammers try to use tax data
Fairfield-Suisun Daily Republic· 1 day agoThe IRS website has additional information on its website as Security Summit, an initiative committed to protecting taxpayers, businesses and the tax system ...
...Call on Feds to Crack Down on Tax Prep Giants’ Ongoing ...Privacy - Lawmakers’ Letter to FTC, IRS...
Sierra Sun Times· 4 days agoThe letter from Wyden and the four members of the Senate and House follows up on findings of the lawmakers’ July 2023 investigation that found H&R Block, TaxAct, and TaxSlayer had illegally.
Council Post: Three Ways Business Owners Can Reduce The Risk Of An IRS Audit
Forbes· 4 days agoThe fear of an IRS audit is such a common fear among business owners. The thought of having to look...
TurboTax lost 1 million customers just when the IRS introduced its own free tax filing option and...
Fortune· 3 days agoIntuit has been working to cater its TurboTax software to those with more complicated tax situations, betting on the idea that those particular customers could use online ...
Tax Breaks: As Summer Begins, The Tax World Shows No Signs Of Cooling Off
Forbes· 3 days agoMemorial Day marks the official start of summer. While there are disputes about the origin of...
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 7 days agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...