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JD Supra: Recently Issued IRS Littlejohn Victim Notices May Present Challenges for Taxpayers
JD Supra· 9 hours agoAs required by law, the Internal Revenue Service (IRS) has begun issuing notification letters to victims of a former IRS contractor who illegally accessed ...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 7 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
JD Supra: FTC Final Rule Banning Most Non-Competes Passes – What Nonprofits Need to Know
JD Supra· 7 hours agoThe Rule becomes effective 120 Days from Publication in the Federal Register (the “Effective Date”). In a separate Polsinelli Update, we summarized significant provisions ...
What is a charitable gift annuity?
Bankrate via AOL· 1 day agoThe remaining portion is treated as ordinary income. Your chosen charity will send a Form 1099-R to you each year detailing how the payments should be...
Will I Owe Taxes if I Sell My Home?
MediaFeed via AOL· 6 days agoYou can also refer to IRS Publication 523, Selling Your Homeopens pdf file, which has a worksheet to determine your home’s basis...If you’re like Al and...
Is your credit card maxed out? 4 options to consider
CBS News· 10 hours agoCredit card delinquencies have been on the rise, with recent data showing that delinquent credit card accounts climbed to nearly 9% in the first quarter...
NY v Trump: Defense says prosecutors 'did not meet the burden of proof,' former president is...
Fox News via Yahoo News· 1 day agoDefense attorneys for former President Trump said during closing arguments Tuesday that Manhattan...
JD Supra: Should We Submit Missing Participant Data to the DOL with the Plan’s Form 5500?
JD Supra· 4 days agoThis proposal is intended to implement Section 303 of The SECURE 2.0 Act of 2022, which adds Section 523 of ERISA and charges the U.S. Department of Labor with responsibility...