Search results
4 tips to minimize taxes when investing
The Week· 4 hours agoTaxes are a reality you cannot escape, even when it comes to investing. While they may not be top of mind when you are focused on returns, how much you...
IRS and Treasury Department declare derailment-related assistance ‘disaster relief’
Salem News· 6 hours agoCalling the Norfolk Southern derailment in East Palestine “catastrophic in nature,” the IRS and Treasury Department made derailment-related assistance “disaster relief” and ...
Will Smith Recalls Not Paying His Taxes for 2 Years After Grammy Win
US Weekly· 2 hours agoDespite his fame and success, Smith experienced financial troubles in the late 1980s into 1990 after...
House Republicans aim to end IRS’s Direct File in 2025 appropriations bill
FedScoop· 19 hours agoThe House GOP’s Financial Services and General Government Appropriations Bill, released this week by committee Chair Tom Cole, R-Okla., targets the IRS’s Direct File program ...
Democrats fume over proposed IRS cuts
The Hill via Yahoo News· 17 hours agoDemocrats are fuming mad over Republican proposals to scale backIRS funding and defund the agency’s new free online tax filing system. House Ways and...
High Court Estate Tax Ruling Forces Succession Planning Revamps
Bloomberg Law· 1 hour agoEstate lawyers will have to reevaluate their options for reducing taxes for family businesses...
Is Private Placement Life Insurance the Next IRS Tax Enforcement Target? | The Legal Intelligencer
Law.com· 3 days agoAlthough this funding did and continues to fill important IRS needs for tax enforcement resources,...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 2 days agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
IRS can tax death benefits used to purchase stocks, high court rules
Courthouse News Service· 1 day agoContractual agreements to purchase shares of deceased CEOs do not diminish the value of those...
IRS makes free tax return program permanent and is asking all states to join in 2025
NBC 2 Fort Myers· 5 days agoThe IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for...