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IRS imposter scam targets businesses, warns state attorney general's office
FOX 2 News Detroit· 2 days agoScammers are instructing businesses to complete a fake Form 9710 and return it to a third party...
IRS Issues Basis Shifting Guidance for Partnerships, Proposes Reporting Requirements | JD Supra
JD Supra· 1 day agoThe Internal Revenue Service (IRS) and U.S. Department of Treasury recently issued guidance to curtail what they consider abusive basis shifting by related-party partners ...
IRS, Treasury Look to Challenge So-Called Basis-Shifting Transactions, But It Won’t Be Easy | JD...
JD Supra· 1 day agoThe Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) announced the latest chapter in the long-trumpeted enforcement initiative aimed at large ...
5 Common Errors to Fix in Your IRA Before the IRS Flags Them
Morningstar· 2 days agoIRA custodians are required to issue IRS Form 5498 by May 31 to report certain IRA activity for the previous year. You might receive a Form< ...
Customers of Bay City tax service now being hit with IRS late fees and interest
ABC12 Mid-Michigan· 16 hours agoThe controversy surrounding a Bay City tax service continues, and now it appears the IRS will not be...
RFT owner faced IRS issues, complaints of rash decisions. He says the sale was 'brutal.'
St. Louis Post-Dispatch· 2 hours agoIn October, Chris Keating gathered the staff of the Riverfront Times at the El Milagro Azteca...
IRS: Taxpayers may avoid a penalty by making a second-quarter estimated payment by June 17
CNBC· 6 days agoThe second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you...
IRS/Tax Whistleblower Guide | JD Supra
JD Supra· 2 days agoAnyone who has obtained evidence that a person or company is committing tax fraud or evasion can become a whistleblower by reporting it to the Internal Revenue Service (IRS
IRS hit a ‘big milestone’ to wean itself off paper. What comes next?
Federal News Network· 3 days agoThe IRS is taking major strides to wean itself off paper. The agency’s Document Upload Tool is...
IRS warning with one day until major tax deadline
Newsweek· 4 days agoTaxpayers have only one day to file pay-as-you-go taxes with the Internal Revenue Service (IRS), with the filing deadline set for June 17. Earlier this...