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Is it too late to get tax relief?
CBS News· 3 days agoTax season has come and passed but, for many, the burden of owing taxes is still a concern. While most Americans receive tax refunds, there are millions...
Perfect Tax Relief Leverages AI to Help Clients to Get Taxes Back on Track
Digital Journal· 2 days agoPerfect Tax Relief's suite of services include wage garnishments, bank account levies, tax audits, tax preparation ...
IRS announces tax relief for taxpayers impacted by tornadoes
Southwest Iowa's daily newspaper· 5 days agoThe Internal Revenue Service announced Saturday tax relief is available for individuals and...
IRS Extends Post-Death RMD Relief Under the 10-Year Rule for 2024 Distributions | JD Supra
JD Supra· 5 days agoThis relief was intended to address potential confusion regarding the IRS’s interpretation (as expressed in the proposed RMD regulations published in 2022 ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 6 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability can be harsh and unfair. For example ...
Will the IRS’s Free Direct File Option Be Back Again in 2025?
The State· 3 days agoDuring the 2024 tax filing season, the IRS says more than 140,000 Americans filed for free using the tool. During the 2024 tax filing ...
Tax Court Strikes out Smoltz and Klesko’s Big K SCE, but Provides Relief for Those Facing Fraud...
JD Supra· 4 days agoIn the late 1990s, former Atlanta Braves players John Smoltz and Ryan Klesko formed Big K Farms (“Big K”), a partnership that, over the years, acquired approximately 1,500 acres of land in Georgia ...
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 5 days agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...
Federal Tax Law Group Streamlines Tax Resolution with Implementation of AI and Data Analytics
Digital Journal· 2 days agoThe use of artificial intelligence will support the services offered by Federal Tax Law Group, which include assistance with unfiled tax returns,
Tax Law Update: June 2024
WealthManagement.com· 5 days agoThe most pressing tax law developments of the past month.
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