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What is a qualified charitable distribution? Get a tax benefit for small donations
Bankrate via AOL· 5 hours agoThat differs from some other IRS requirements, where an IRA owner must turn a specific age during...
Supreme Court Rules Against Taxpayers in IRC Section 965 Case | JD Supra
JD Supra· 15 hours agoOn June 20, 2024, the Supreme Court of the United States issued a 7-2 opinion in Moore v. United States, 602 U.S. __ (2024), ruling in favor of the Internal Revenue Service (IRS< ...
Former reality TV star’s 7 year prison sentence for fraud, tax evasion overturned
Birmingham News· 10 hours agoFormer Atlanta multimillionaires and reality television stars Todd and Julie Chrisley have lost...
Poverty, Inc. | Washington Monthly
Washington Monthly· 23 hours agoThere’s Liberty Tax, a nationwide franchise operation that helps residents file for low-income tax credits; Pine Dentistry ...
America’s rich never sell their assets. How should they be taxed?
The Economist· 4 days agoAn accountant might talk about how to reduce that gross income, via deductions or carve-outs, to a...
How Do EV Tax Credits Work?
Car and Driver via AOL· 4 days agoIn 2024, several EVs are eligible for the federal government's tax credit program, which can reduce what you owe the IRS by up to $7500 for a single tax...
Winning at retirement may come down to dodging these 3 careless mistakes
Moneywise via AOL· 1 day agoPaying too much tax on retirement income There are two ways you might be paying too much tax on your...
Tax Breaks: No Break In News This Summer As Tax World Stays Hot
Forbes· 3 days agoU.S. (spoiler alert: they didn’t upset the tax code). A few minutes later, the IRS announced plans...
How to Do a Backdoor Roth IRA With Fidelity: Step by Step
247wallst.com· 6 days agoWith the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to...
How to negotiate a debt settlement
Bankrate via Yahoo Finance· 4 days agoYou’ll likely stop making payments to your creditors. If you negotiate for yourself, you may be able to continue making the minimum payments to avoid...
