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CT man owes IRS $270K in back taxes, penalties. Feds say he didn’t disclose ‘significant income.’
Hartford Courant· 16 hours agoA Connecticut man who has owned multiple businesses in the region has pleaded guilty to tax evasion...
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 6 days agoOn 4/11/24, the IRS wrapped up its 2024 Dirty Dozen List with a “warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed ...
IRS Rev. Proc.: State Laws, Identifying How Organizations Can Satisfy Requirement that Assets Be...
Bloomberg Law· 1 day agoObsolescence of Rev. Proc. 82-2, which identified the circumstances in which an organization could satisfy Treas. Reg. §1.501(c)(3)-1(b)(4) (requiring that the assets of a I.R.C. §501(c)(3) organization be dedicated to ...
Are The Illicit Market, Curaleaf And Trulieve The 3 Biggest Winners From Rescheduling Cannabis? -...
Benzinga· 6 hours agoThis action may lessen the restrictions imposed by IRS tax regulation 280E, which has banned...
Is it too late to get tax relief?
CBS News· 3 days agoTax season has come and passed but, for many, the burden of owing taxes is still a concern. While most Americans receive tax refunds, there are millions...
IRS Updated Streamlined Filing Compliance Procedures | JD Supra
JD Supra· 4 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 ...
IRS Payment Plan vs. Personal Loan: Which Should You Use to Pay Your Tax Bill?
Newsweek· 2 days agoVault’s Viewpoint on the IRS Payment Plan vs. Personal Loan An IRS payment plan allows you to pay...
JD Supra: Missing the Tax Court’s 90-Day Deficiency Deadline – Now What?
JD Supra· 1 day agoOver the years, I have observed there is only one thing that a taxpayer fears more than being notified by the IRS that their income tax return for a particular taxable year ...
Law firm Baker McKenzie drops lawsuit against IRS over partnership tax crackdown
Reuters· 5 days agoInternational law firm Baker McKenzie has dropped its lawsuit seeking to force the Internal Revenue...
29 Careless Ways Retirees Waste Their Savings
GOBankingRates via Yahoo Finance· 4 hours agoYou've worked hard your whole life, so you deserve to enjoy yourself in retirement. However, when you live on a fixed income, it's important to keep...