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Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
CNBC· 3 days agoIRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington,...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 1 day agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
IRS warns against scams targeting South Carolina seniors - ABC Columbia
ABC Columbia· 3 days agoScammers are targeting older adults in South Carolina by pretending to be government officials,...
Governments’ Use of Tax Technology Will Spur Operational Changes
Bloomberg Law· 1 day agoThe way taxpayers and tax administrations use technology and digitalization is impacting how citizens interact with governments, and it will force tax practitioners to rethink ...
Monday is the last day to file your taxes after San Diego County's extended deadline
NBC San Diego· 3 days agoMonday is the deadline to file and pay taxes after an extension due to San Diego County’s severe...
The Treasury Department and IRS announce new plan to close tax loophole
Marketplace· 2 days agoThe Treasury Department and the IRS announced a new initiative this week to close a tax loophole...
Law enforcement reminds you to be vigilant in being aware of elder abuse
KY3 Springfield· 6 days agoU.S. Attorney Teresa Moore joined national, state, and local leaders in recognizing World Elder...
JD Supra: Proposed Regulations Issued on the Excise Tax on Repurchases of Corporate Stock
JD Supra· 2 hours agoSection 4501 generally imposes a nondeductible 1% excise tax (the “Tax”) on stock repurchases[2] and “economically similar transactions” (discussed further below) made after December 31, 2022 ...
JD Supra: Taxation of Foreign Currency Transactions Part I: Definitions and Rules for Taxing Foreign...
JD Supra· 7 days agoNavigating the federal taxation of foreign currency can be compared to trying to cross a perilous sea. Foreign currency transactions can be entered into for personal, nonprofit, business, trading ...
Tax returns in San Diego County due Monday after extension
Channel 8 San Diego· 4 days agoAfter a two-month deadline extension from the Jan. floods, tax returns in the county are due Monday....