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Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 6 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
GILTI Doesn’t Fit in the Global Tax Plan. Two Moves Can Fix That
Bloomberg Law· 20 hours agoAs tax professionals around the world put together the jigsaw puzzle of effective tax rate calculations for 2024, they’re facing a 3D piece that can’t be ...
...Want to Give Money to My Son and Daughter-in-Law. How Much Can I Give Without Incurring a Tax...
SmartAsset via AOL· 2 days agoHow much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS?...
Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with New Elective...
The National Law Review· 4 days agoOn May 16, 2024, the IRS released Notice 2024-41 (the “Notice”), modifying its preliminary guidance...
Got a Tax Extension? Here's Why You Might Still Want to File Your Return in May
The Motley Fool· 2 days agoThe good thing about a tax extension is that it gives you six extra months to get your return over to the IRS without incurring a failure-to-file penalty ...
Everyday Americans would benefit from streamlined, reformed tax code
Las Vegas Sun· 7 days agoDirect File lets taxpayers with W-2 and Social Security income, and the most common credits and...
I'm 60 With $1.2 Million in an IRA. Should I Do a Roth Conversion on $120,000 Per Year to Avoid...
SmartAsset via Yahoo Finance· 7 days agoIf you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be...
US Beats Taxpayer’s Lawsuit Over Foreign Tax Credit Omission
Bloomberg Law· 1 day agoThe US government defeated a taxpayer’s lawsuit seeking a refund of federal income tax payments she alleges were overpaid due to an agency’s omission of a foreign
What is bracket creep?
TheStreet.com· 16 hours agoWhen you earn more money, bracket creep can push you into a higher tax bracket. This could reduce your actual income due to increased tax liability. Bracket ...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 7 days agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
