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IRS News Release: Application Portal Open for 2024 Low-Income Communities Bonus Credit Program
Bloomberg Law· 2 days agoApplication portal for the 2024 Low-Income Communities Bonus Credit Program is now open, the IRS announced. Applications are being accepted beginning today with a 30-day initial application window until June ...
Council Post: Three Ways Business Owners Can Reduce The Risk Of An IRS Audit
Forbes· 7 days agoThe fear of an IRS audit is such a common fear among business owners. The thought of having to look...
IRS extends its Free File tax program for five more years
The Verge· 7 days agoDon’t pay for tax prep if you don’t have to.
IRS Opens Bonus Tax Credit Program for Low-Income Communities
Bloomberg Law· 2 days agoThe application portal for the 2024 Low-Income Communities Bonus Credit Program is now open, the Treasury Department, IRS, and Department of Energy announced Tuesday.
Endorsement or highlight? Was nonprofit’s support for Fort Worth TX House candidate legal?
Fort Worth Star-Telegram McClatchy via AOL· 3 hours agoTax-exempt organizations with 501(c)(3) status are prohibited from endorsing political candidates,...
IRS Extends Free File Tax Program Through 2029 - Slashdot
Slashdot· 7 days agoThe IRS has extended the Free File program through 2029, "continuing its partnership with a coalition of private tax software companies that allow most Americans to file federal ...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
Moneywise via Yahoo Finance· 5 days agoWhen Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age...
Portal Opens for Solar and Wind Low-Income Communities Bonus Tax Credit Applications | JD Supra
JD Supra· 11 hours agoThe U.S. Department of Treasury, Internal Revenue Service (IRS) and Department of Energy (DOE) announced that the portal for applying for the 2024 low-income communities, ...
IRS Issues New Safe Harbor for 10% Domestic Content Bonus | JD Supra
JD Supra· 2 days agoOn May 17, 2024, the IRS released Notice 2024-41, which provides new safe harbors for determining certain energy projects’ qualification for the 10%...
Ex-golf pro who skimmed funds owes $100K restitution. He also owes the IRS.
Hartford Courant· 8 hours agoA former golf professional who worked at two municipal courses was sentenced to a year of probation for tax fraud, according to federal authorities. Ryan McDowell, 32, of Springfield, Mass. ...