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Employer group asks the IRS to ease health paperwork
BenefitsPRO· 3 days agoThe large-employer group put two health plan reporting change proposals on a wish list it sent the IRS last week. Another would let employers send...
The Hunter Biden Case Is Solid. There’s Something Rotten About It Too.
Politico via Yahoo News· 14 hours agoBiden allegedly failed to pay more than $1.4 million in taxes from 2016 through 2019, but he reportedly repaid the sum during the investigation, which is not unusual, and people routinely get ...
Mark Cuban’s 5 Best Passive Income Ideas
GoBankingRates via AOL· 2 hours agoMark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back...
1099-DA Could Come 2025 | JD Supra
JD Supra· 3 days agoOn 4/19/24, the IRS published draft Form 1099-DA for reporting digital asset proceeds from broker transactions. This early draft release may change based ...
IRS can tax death benefits used to purchase stocks, high court rules
Courthouse News Service· 2 days agoThe government can claim more in estate taxes from certain stock handoffs after a shareholder dies...
Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 5 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
Treasury Department, IRS Issue Section 45Z Clean Fuel PTC Registration Guidance | JD Supra
JD Supra· 4 days agoThe U.S. Department of the Treasury and IRS released Notice 2024-49 on May 31, 2024, regarding the registration requirement and certain other limited guidance under Section ...
Letter to the Editor: Buyer beware
Gannett via AOL· 14 hours ago"Let Them Play MN" had its tax-exempt status revoked by the IRS in 2023 for failing to file financial documents for three consecutive years.Most...
U.S. Tax: 4 Tips For Americans Receiving A Foreign Inheritance
Forbes· 5 days agoIn the usual case, the inheritance is a true windfall and is not taxed by the U.S. An inheritance is...
Is Private Placement Life Insurance the Next IRS Tax Enforcement Target? | The Legal Intelligencer
Law.com· 3 days agoAug. 16, 2022, President Joe Biden signed the Inflation Reduction Act (IRA) into law, which...