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JD Supra: Business Taxation of Hedging Transactions Part IV: Tax Timing
JD Supra· 12 hours agoWhat are the tax accounting rules for hedges? Whether or not a qualified tax hedge is properly identified, it must be tax accounted for ...
Partnership Beats IRS In Tax Court: BBA Election Held Valid
Forbes· 3 days agoIn SN Worthington Holdings LLC v. Comm’r, 162 T.C. No. 10 (May 22, 2024), a partnership made an election to have its audit conducted under the new Bipartisan Budget Act of 2015 (BBA) partnership ...
IRS whistleblower Shapley said he 'could no longer pursue' Hunter Biden sugar brother Kevin Morris...
Fox News via Yahoo News· 4 days agoIRS whistleblower Gary Shapley said he was told he “could no longer pursue" Hunter Biden “sugar...
IRS whistleblower Shapley said he 'could no longer pursue' Hunter Biden sugar brother Kevin Morris...
Fox News· 4 days agoIRS whistleblower Gary Shapley said he was told he "could no longer pursue" Hunter Biden "sugar...
I’m a Financial Advisor: 5 Ways You’re Paying Too Much in Taxes in Retirement
GOBankingRates via Yahoo Finance· 15 hours agoIn your retirement years, you may think you no longer have to worry about taxes because you're no...
How fast must you empty an inherited IRA account to comply with the IRS’s updated rules? Suze Orman...
Moneywise via Yahoo Finance· 6 days agoSo, even though the IRS has waived the requirement for an annual RMD, Orman recommends spreading out...
Dirty Dozen 2024 | JD Supra
JD Supra· 3 days agoThe Dirty Dozen is an annual taxpayer awareness campaign which began in 2002 listing twelve scams and schemes that place taxpayers, businesses, and the tax professional community ...
Ohio tornado victims permitted delays to September in filing tax returns, payments
Gannett via AOL· 6 days agoTaxpayers don't have to contact the IRS to get relief. The IRS does it automatically....
Arizona man pleads guilty for defrauding IRS of $17 million through 'tax shelters'
The Arizona Republic· 5 days agoEllsworth Stauffer, the operator of a formerly licensed professional corporation, concealed nearly...
IRS Updated Streamlined Filing Compliance Procedures | JD Supra
JD Supra· 5 days agoWhat do you need to know about the IRS updated Streamlined Filing Compliance Procedures or "Streamlined Procedures?" Are you concerned about unreported or under-reported offshore ...