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JD Supra: Tax Refunds for Cannabis Businesses? What Is the Story?
JD Supra· 6 hours ago...) on whether the refund was related to IRC §280E.[1] In addition to Trulieve, another cannabis business, Ascend Wellness Holdings, has also reported it has amended federal tax returns for several years and is expecting to receive refunds.[2] Before jumping into the speculation as to what the...
The Savings Game: When to file an amended federal tax return
Orlando Sentinel· 1 day agoWith April in the rear-view mirror, most Americans — especially those whose employers withhold...
Should you pay off your car loan early? Or is it smarter to wait?
Bankrate via Yahoo Finance· 10 hours agoPay it off in full If you received a big bonus at work or a tax refund, or you have money saved up,...
The IRS is making its free tax filing tool available to all - Marketplace
Marketplace· 1 day agoIt has been updated to include the IRS’ decision to make its newtax filing tool permanent. The...
SDC’s abrupt closure; nonprofit to process hundreds of tax returns
Fox local via AOL· 3 days agoIt’s been one month since the Social Development Commission abruptly shut down operations and laid...
Collecting an Individual’s Unpaid Taxes from Their Controlled Entities | JD Supra
JD Supra· 2 days agoAn anonymous thinker, lost to history, is credited with having said that the unofficial motto of the IRS is, “We have what it takes to take what you have.” When the IRS decided to audit the ...
JD Supra: Recently Issued IRS Littlejohn Victim Notices May Present Challenges for Taxpayers
JD Supra· 2 days agoAs required by law, the Internal Revenue Service (IRS) has begun issuing notification letters to victims of a former IRS contractor who illegally accessed and stole the tax
How to Pay Your Mortgage in 7 Ways
Time Magazine· 3 days agoDepending on your mortgage lender, there may be several different ways to pay your mortgage. Unless you make special arrangements with your lender, you ...
Form 7206: New self-employed health insurance deduction
TheStreet.com· 2 days agoForm 7206 is the newly-introduced IRS form that self-employed taxpayers use to figure their deduction for health insurance costs. Form 7206 is a new IRS form for self-employed taxpayers to figure ...
JD Supra: OFAC Issues Two Determinations Prohibiting Dealings in Certain Metals of Russian Origin;...
JD Supra· 5 days agoOFAC announced two new Determinations. One bans the import into the U.S. of aluminum, copper, and nickel originating in Russia, while the other outlaws the provision of certain services related ...