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IRS Will Expand Free Tax Filing Program to All 50 States: What You Need to Know
CNET· 7 days agoThe Inflation Reduction Act of 2022 mandated that the IRS investigate the cost and feasibility of...
...JD Supra: Treasury Department and IRS Issue Final Regulations Regarding the Transferability ofTax...
JD Supra· 19 hours agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax
Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 3 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
CFOs Struggle to Manage Complexities of State Tax Filings
PYMNTS.com· 1 day agoAs Walker told PYMNTS, direct state reporting takes place — as the name implies — when an enterprise...
If you are behind filing taxes, face your fear and meet with a tax accountant
Rolling Out· 4 days agoThis article addresses the common fear of filing back taxes and explores the benefits of seeking...
Doctor who claimed COVID vaccines made people magnets is sued for ‘failing to pay $650K in taxes’
The Independent via Yahoo News· 3 days agoIn 2021, Tenpenny shared conspiracy theories while testifying in support of Ohio legislation that...
IRS Removal of Automatic Accounting Methods Sure to Disappoint
Bloomberg Law· 3 days agoThe IRS’s April revision to its automatic accounting method procedures means taxpayers now must obtain IRS consent in a formal letter ruling to change part ...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 4 days agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer ...
5498 Series Forms Are Due to the IRS Today; Meet the Deadline With TaxBandits!
Digital Journal· 6 days agoROCK HILL, SC / ACCESSWIRE/ May 31, 2024 / Today marks another important IRS deadline for filing 5498 Series forms and distributing recipient copies as needed. This series ...
IRS sues Ohio doctor whose views on COVID-19 vaccinations drew complaints
WTVG 13 Action News· 2 days agoThe lawsuit, filed last month in federal court in Cleveland, claims Sherri Tenpenny didn’t pay taxes...