Search results
IRS Win Stands in Foreign Reporting Penalty Case at D.C. Circuit
Bloomberg Law· 3 days agoThe D.C. Circuit won’t review its decision on the claim of a man who challenged the IRS’s authority to assess penalties for failing to disclose interest in foreign businesses ...
IRS impersonation scams target seniors
KTVF Fairbanks· 2 days agoFalse information and scams are constantly on the rise, and unfortunately many of them target senior members of our community. The Internal Revenue...
Did you pay your 2023 taxes on time? IRS says some people didn't when they actually did
Detroit Free Press via Yahoo Finance· 4 days agoImagine opening a letter from the IRS in early June that says you owe $6,000 for your federal income...
What it will take to make Direct File permanent
Government Executive· 2 days agoThe IRS pilot of a government-backed online tool to file taxes for free, dubbed Direct File, is going permanent, the tax agency announced a few weeks...
US Department of the Treasury makes significant last-minute change to vehicle tax credit rules:...
The Cool Down via Yahoo News· 1 day agoElectrek reported that the United States Department of the Treasury and Internal Revenue Service (...
Tax Court: As to Listed Transaction, IRS Must Adhere to APA | JD Supra
JD Supra· 3 days agoIn the late 1990s and early 2000s, the IRS was confronted with a proliferation of corporate transactions that it viewed as aggressive tax shelters. Relying on the authority ...
IRS PLR: Extension Granted to File an Election Statement for Stock Disposition (IRC §336)
Bloomberg Law· 2 days agoThe IRS has published a private letter ruling on Section 336, and Treasury Regulation Section 301.9100, granting additional time to file an election statement for a stock disposition. [PLR 202424020] ...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
MSN News· 1 day agoComplex calculations are involved, but the loophole is real.
Former IRS employee indicted for $200K in fraudulent tax returns in Kansas City
KCTV 5 Kansas City· 4 days agoA former IRS employee from Grandview, Mo., has been federally indicted for more than $200,000 in...
Cutting Out These 7 Expenses Can Save You $5,400 Per Year
GOBankingRates via Yahoo Finance· 28 minutes agoMost Americans know household expenses quickly add up, and they seek ways to cut excessive expenses...