Search results
Is it too late to get tax relief?
CBS News· 22 hours 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 announces tax relief for taxpayers impacted by tornadoes
Southwest Iowa's daily newspaper· 3 days agoThe Internal Revenue Service announced Saturday tax relief is available for individuals and...
IRS Changes Rules for Taxpayers in One State
Newsweek· 7 days ago"This means that individuals and households that reside or have a business in Auglaize, Crawford, Darke, Delaware, Hancock, Licking, Logan, Mercer,...
IRS offers major relief to tornado victims
Newsweek· 6 days agoMultiple tornadoes have torn through the state this year. The Internal Revenue Service (IRS) announced the tax relief areas on Thursday ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 3 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability can be harsh and unfair. For example ...
IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media
Forbes· 6 days agoThe IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led...
Taxlift's Innovative Approach to IRS Tax Debt Relief Establishes New Risk-Free Standard
Morningstar· 7 days agoIRVINE, CA / ACCESSWIRE / May 16, 2024 / Taxlift, a pioneering tax debt resolution firm, is changing the game in how individuals and businesses tackle their IRS< ...
IRS Extends Relief from RMD Rules in 2024 | JD Supra
JD Supra· 6 days agoThe latest relief extends the transitional relief that the IRS previously issued in Notice 2022-53 (“2022 Notice”) and Notice 2023-54 ...
Tax Court Strikes out Smoltz and Klesko’s Big K SCE, but Provides Relief for Those Facing Fraud...
JD Supra· 1 day agoIn the late 1990s, former Atlanta Braves players John Smoltz and Ryan Klesko formed Big K Farms (“Big K”), a partnership that, over the years, acquired approximately 1,500 acres of land in Georgia ...
IRS Extends Post-Death RMD Relief Under the 10-Year Rule for 2024 Distributions | JD Supra
JD Supra· 2 days agoThis relief was intended to address potential confusion regarding the IRS’s interpretation (as expressed in the proposed RMD regulations published in 2022 ...