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IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 4 days agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
Can I Deduct My 401(k) Contributions From My Taxes?
SmartAsset via AOL· 10 hours agoPlanning for retirement requires us to consider not only how to build wealth but how to protect it. Employers offer 401(k)s to address the first need,...
How the pandemic changed IRS technology for good
Federal News Network· 2 days agoThrough the pandemic, the IRS learned it can move with urgency. Sieger, who will retire on June 1 after more than 40 years of federal service, including...
Which Do I Need: A Tax Advisor or Financial Advisor?
SmartAsset via Yahoo Finance· 5 days agoTaxes can be confusing and you might have questions about how tofile or the best ways to minimize what you owe to the IRS. But who do you turn to for...
Ex-East Bay IRS officer, five others sentenced to prison for COVID-19 fraud scheme
San Jose Mercury News· 17 hours agoAn East Bay man who once served as an Internal Revenue Service officer has been sentenced to a...
Volunteer tax preparers help Calhoun County residents garner $3.7M in refunds
The Battle Creek Enquirer via Yahoo Finance· 3 days agoVolunteers do not need any specific credentials to begin training. In addition to preparers,...
To Combat Biofuel Tax Credit Fraud, We Need a Proactive Approach
Bloomberg Law· 3 days agoThe audit showed that many credits are awarded to taxpayers without proper documentation, making the credit system highly susceptible to fraud. Biofuel tax credits intend ...
IRS Foreign Trust Reporting Plan Offers Rare Chance to Influence
Bloomberg Law· 3 days agoTaxpayers and their advisers have a rare chance to influence how the IRS should regulate foreign trusts and large foreign gifts, and they shouldn’t let that chance go to waste ...
Daily Brief: Google search leaks
Quartz· 3 hours agoDonald Trump became the first former U.S. president to be convicted of a crime. The U.S. Department of Labor sued the South Korean auto giant, along with...
EXCLUSIVE: Dad Bod Calendar organizers speak out after participants accuse them of mismanaging funds
WFRV Green Bay via Yahoo News· 3 hours agoBROWN COUNTY, Wis. (WFRV) – What began as a creative and eye-catching way to fundraise for breast...