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Former IRS employee from Utah charged after trying to steal millions from government
KTVX via Yahoo News· 1 day agoSALT LAKE CITY (ABC4) — A former IRS employee has been charged after he allegedly abused his...
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 4 days agoDonations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you get something in return. How does the IRS determine if a purported ...
IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
WBNS-10TV Columbus· 1 day agoU.S. Sen. Sherrod Brown said it shouldn't have taken the IRS this long to realize the derailment was...
No, stimulus checks are not coming from the IRS or California in 2024. Don't fall for false rumors
Fast Company Magazine· 3 days agoWho wouldn’t want another stimulus check? The government checks were a big help to many families...
IRS's Tax Payment Platform Will Soon be Free, Available to 50 States
iTech Post· 6 days agoThe US Treasury Department announced the arrival of the Direct File to more states for the Filing...
People who got Norfolk Southern relief money after Ohio train derailment won’t be taxed on it, IRS...
Market Watch· 1 day agoThe people receiving money to relocate, repair homes and pay medical bills after the February 2023...
IRS can tax death benefits used to purchase stocks, high court rules
Courthouse News Service· 21 hours agoThe government can claim more in estate taxes from certain stock handoffs after a shareholder dies...
IRS News Release: Document Upload Tool Reaches Key Milestone, One Million Taxpayer Submissions
Bloomberg Law· 1 day agoIRS’s Document Upload Tool has accepted its one millionth taxpayer submission, the IRS announced. Initially launched in 2021 in a limited format and greatly expanded in 2023 with funding from ...
JD Supra: Treasury and the IRS Finalize Section 897 ‘Domestically Controlled’ Look-Through Rule
JD Supra· 1 day agoOn April 24, the Internal Revenue Service (IRS) issued final regulations (Final Regulations) regarding Section 897. In December 2022, the IRS issued proposed ...
House GOP proposes IRS funding cuts, defunding free tax filing system
The Hill via Yahoo News· 2 days agoRepublican appropriators in the House are proposing to scale back IRS funding and to do away with...