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IRS Foreign Trust Reporting Plan Offers Rare Chance to Influence
Bloomberg Law· 13 minutes agoTaxpayers and their advisers have a rare chance to influence how the IRS should regulate foreign trusts and large foreign gifts, and they shouldn’t let that chance go to waste ...
IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 13 hours agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
What’s Next For ERC Refund Claims Pending With The IRS?
Forbes· 5 days agoThe latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 6 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 5 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 4 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
3 Luxury Electric SUVs To Avoid Buying
GOBankingRates via Yahoo Finance· 10 hours agoConsumer Reports publishes data on car reliability annually using survey results from over 300,000 car owners. Despite the rising popularity of electric...
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 4 days agoThe IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits...
IRS update offers boost to millions of taxpayers
Newsweek· 5 days agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free File, will be...
IRS whistleblower Shapley said he 'could no longer pursue' Hunter Biden sugar brother Kevin Morris...
Fox News via Yahoo News· 5 days agoIRS whistleblower Gary Shapley said he was told he “could no longer pursue" Hunter Biden “sugar...