Search results
...JD Supra: Treasury Department and IRS Issue Final Regulations Regarding the Transferability ofTax...
JD Supra· 2 hours agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax
Choose how your business is taxed: IRS Form 8832
TheStreet.com· 6 hours agoDifferent business structures have distinct tax benefits and obligations. If you want to change your business's tax status, you'll need IRS< ...
JD Supra: Treasury and the IRS Finalize Section 897 ‘Domestically Controlled’ Look-Through Rule
JD Supra· 35 minutes agoOn April 24, the Internal Revenue Service (IRS) issued final regulations (Final Regulations) regarding Section 897. In December 2022, the IRS issued proposed ...
New Generation-Skipping Tax Regulations Offer a Crucial Lifeline
Bloomberg Law· 11 hours agoThe IRS’s final generation-skipping tax, or GST, exemption regulations offer exciting news for taxpayers by ultimately providing more relief< ...
IRS News Release: Tax Relief for Massachusetts Taxpayers Impacted by Severe Storms, Flooding
Bloomberg Law· 5 days agoTax relief for individuals and businesses in parts of Massachusetts affected by severe storms and flooding that began on Sept. 11, 2023, the IRS announced. These taxpayers now have until ...
IRS Offers Tax Relief for Storm Victims in Massachusetts
Bloomberg Law· 5 days agoThe IRS announced tax relief for individuals and businesses in parts of Massachusetts affected by severe storms and flooding that began on Sept. 11, 2023, the agency announced Friday.
Feds oppose latest restitution play from former U.S. Rep. Corrine Brown
Florida Politics· 11 hours agoCorrine Brown, who represented the Jacksonville region from 1993 through 2016, pleaded guilty in...
IRS Issues Fact Sheet on Disaster Relief Distributions and Plan Loans | JD Supra
JD Supra· 3 days agoHistorically, the IRS and Congress released certain disaster relief exemptions with respect to retirement plans on a disaster-by-disaster basis. The Federal ...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 3 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 ...
Weekly IRS Roundup May 20 – May 24, 2024
The National Law Review· 5 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 20, 2024 – May 24, 2024. May 20...