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IRS Opens Bonus Tax Credit Program for Low-Income Communities
Bloomberg Law· 1 day agoThe application portal for the 2024 Low-Income Communities Bonus Credit Program is now open, the Treasury Department, IRS, and Department of Energy announced Tuesday.
IRS Floats Tech-Neutral Energy Tax Credit Eligibility Rules
Bloomberg Law· 5 hours agoThe Treasury Department and IRS proposed new rules on tech-neutral green energy tax credits that are slated to take effect in 2025 and are being billed as the next generation of renewable energy credits.
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 7 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
What’s Next For ERC Refund Claims Pending With The IRS?
Forbes· 7 days agoThe latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most...
Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 5 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.
Chicago-area man who sued women for badmouthing him on Facebook sentenced to 1 year in prison for...
Chicago Tribune via Yahoo News· 46 minutes agoCHICAGO — A Chicago-area man who made a national media splash when he filed a lawsuit against dozens of women who allegedly bad-mouthed him on a tell-all Facebook dating page was sentenced Wednesday ...
IRS Issues New Safe Harbor for 10% Domestic Content Bonus | JD Supra
JD Supra· 1 day agoOn May 17, 2024, the IRS released Notice 2024-41, which provides new safe harbors for determining certain energy projects’ qualification for the 10%...
'I pay what I owe': Mark Cuban says he wired $275.9 million to the IRS because he's 'proud' to pay...
MSN News· 8 hours agoIt’s a good day for the IRS.
IRS News Release: 2023 Federal Income Tax Return Filing Deadline Approaching (IRC §6072)
Bloomberg Law· 1 day agoTaxpayers living and working outside the United States are reminded to file their 2023 federal income tax return by Monday, June 17, the IRS stated. This deadline applies to both ...
IRS update offers boost to millions of taxpayers
Newsweek· 6 days agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free File, will be...