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Why Trump’s Presidency Wasn’t the Best for Your Tax Bill — and What a Second Term Could Mean
GOBankingRates via Yahoo Finance· 12 hours agoThere's no doubt that tax policy is a major focus of this presidential election. Donald Trump and...
JD Supra: Court of Appeals Reverses Tax Court’s Farhy Decision, But Opportunities Remain to...
JD Supra· 12 hours agoAs noted in our prior advisory, U.S. citizens and residents who receive gifts exceeding certain thresholds from foreign persons must generally report such gifts to the IRS ...
Treasury and IRS Release Updated Guidance on Energy Communities | JD Supra
JD Supra· 3 days agoOn June 7, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-48. This notice includes lists of information that taxpayers ...
JD Supra: Internal Revenue Service Alters Its View on Section 355 Spin-Offs
JD Supra· 7 days agoThe Internal Revenue Service ("IRS") recently issued important guidance identifying new positions the IRS is considering on critical aspects of tax-free ...
Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah
NBC Philadelphia· 7 days agoA former IRS employee was indicted in Utah federal court for allegedly trying to steal $2.1 million...
Treasury secretary blames labor unions for blocking return-to-work at IRS
The Washington Times· 7 days agoThe IRS is struggling to get its employees back to work in person at least 50% of the time, and...
Treasury Department and IRS Guidance Encourages Fuel Producers Eligible for Clean Fuel Production...
The National Law Review· 3 days agoOn May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue...
Wedding Bells & Tax Bills: Newlywed's Guide to Filing Taxes
TheStreet.com· 1 day agoFrom name changes to withholding, ensure a smooth tax filing experience with this IRS post-wedding tax checklist.
Important IRS deadline ahead
Birmingham News· 4 days agoThe Internal Revenue Service is reminding taxpayers of an important filing deadline. Taxpayers whose income is not subject to withholding must pay their...
IRS News Release: West Virginia Severe Storms, Tornadoes, Flooding, Landslides Victims Qualify for...
Bloomberg Law· 4 days agoTax relief for individuals and businesses in parts of West Virginia affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that began on Apr. 2, 2024, the IRS ...