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IRS Removal of Automatic Accounting Methods Sure to Disappoint
Bloomberg Law· 4 hours agoThis update is likely to cause disappointment and frustration, because taxpayers generally favor automatic procedures due to their lack of a user fee, deemed consent from ...
Michael Jackson’s Heirs Have Not Received Any Money Amid Estate’s IRS Dispute
Rolling Stone via Yahoo News· 3 days agoThe beneficiaries of the King of Pop's trusts, specifically his children, have money tied up for...
The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making...
INSIDER via Yahoo News· 4 days agoUS Treasury Secretary Janet Yellen has said tax filing should be simple.SAUL LOEB/AFP via Getty...
IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 7 days agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
IRS Expanding Program That Lets Taxpayers File Directly For Free
HuffPost via Yahoo Finance· 4 days agoThe Internal Revenue Service said Thursday it will ramp up a program that allows taxpayers to...
IRS free tax filing program to be available nationwide starting in 2025
CNBC· 4 days agoIRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington,...
Mega backdoor Roth conversions can be a 'no brainer' for higher earners, expert says
CNBC· 3 days agoIf you're a higher earner and looking to boost tax-free retirement savings, there's a lesser-known...
A simple 'Lady Bird Deed' for estate planning can cut out the taxman | Retire on Track
Herald-Tribune via Yahoo Finance· 2 hours agoWithout this clever legal maneuver, her son would face a capital gains tax so steep it’d likely send...
Michael Jackson's Kids and Mom Blocked From Getting Money From Trust
Entertainment Tonight· 3 days agoAmid Katherine Jackson's battle with her grandson, Blanket "Bigi" Jackson, over her late son's...
Michael Jackson’s Kids and Mom Barred from Trust Fund Payments Amid IRS Dispute
Us Weekly via AOL· 3 days agoThe dispute began when the IRS audited the estate’s federal estate tax return and claimed that the...