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IRS sends message to thousands of Americans
Newsweek· 23 minutes agoThe U.S. Internal Revenue Service (IRS) on Tuesday reminded Americans and permanent residents living abroad that the deadline to file their taxes is in a few weeks, according ...
IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 21 hours agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
IRS News Release: Application Portal Open for 2024 Low-Income Communities Bonus Credit Program
Bloomberg Law· 38 minutes 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 ...
Trump trial live updates: Defense calls prosecution case ‘absurd’ in hush money trial closing...
The Independent via Yahoo News· 2 hours agoThe 1099 for Cohen’s work is “just like any 1099 you give someone who is working for you.” “Why do...
IRS News Release: 2023 Federal Income Tax Return Filing Deadline Approaching (IRC §6072)
Bloomberg Law· 1 hour agoTaxpayers living and working outside the United States are reminded to file their 2023 federal income tax return by Monday, June 17, the IRS stated. This deadline applies to both ...
Tenth Circuit Reinforces Plain Meaning Rule in IRS Church Audit Protections Case | Law.com
Law.com· 3 hours agoTaxpayers and the Internal Revenue Service (IRS) frequently disagree over the meaning of tax...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 6 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
IRS Foreign Trust Reporting Plan Offers Rare Chance to Influence
Bloomberg Law· 8 hours agoTaxpayers and their advisers have a rare chance to influence how the IRS should regulate foreign trusts and large foreign gifts, and they shouldn’t let that chance go to waste ...
Here's What Happens When Your Tax Refund Is Delayed
The Motley Fool via AOL· 5 days agoImage source: The Motley Fool/Upsplash If you file your taxes and realize you owe the IRS money from the previous year, you're required to send in your...
IRS Issues New Safe Harbor for 10% Domestic Content Bonus | JD Supra
JD Supra· 10 hours agoOn May 17, 2024, the IRS released Notice 2024-41, which provides new safe harbors for determining certain energy projects’ qualification for the 10%...