Search results
A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The Wall Street Journal· 3 days agoThe way to tackle this dilemma is to file IRS Form 2210 and Schedule AI, which tells the IRS in what...
IRS warning with one day until major tax deadline
Newsweek· 10 hours agoTaxpayers have only one day to file pay-as-you-go taxes with the Internal Revenue Service (IRS), with the filing deadline set for June 17. Earlier this...
JD Supra: New IRS Ruling Guidelines Significantly Impact Tax-Free Spin-Offs
JD Supra· 4 hours agoOn May 1, 2024, the Treasury Department (Treasury) and Internal Revenue Service (IRS) released Revenue Procedure 2024-24 (Revenue Procedure), which sets out substantially ...
Understanding IRS Form 56: A Guide For Taxpayers And Fiduciaries
Forbes· 6 days agoIRS Form 56 is a pivotal document in tax and financial regulations. Officially titled, “Notice...
IRS warns against scams targeting Mississippi seniors; joins other federal agencies to recognize...
WXXV News 25· 1 day agoAs part of continuing efforts to protect the senior community, the Internal Revenue Service today...
IRS: Taxpayers may avoid a penalty by making a second-quarter estimated payment by June 17
CNBC· 2 days agoThe second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you...
New IRS Tax Form for Digital Asset Broker Reporting | JD Supra
JD Supra· 6 days agoThe IRS released a draft of a new tax form, Form 1099-DA, that brokers will use to report proceeds from certain digital asset transactions ...
No, the IRS is not sending out $8,700 stimulus checks
ABC 10 Sacramento· 4 days agoDuring the COVID-19 pandemic, the Internal Revenue Service (IRS) sent out three rounds of economic...
IRS Seeks In-Person Interviews For Failure To File A 2011 Form 5471
Forbes· 4 days agoTaxpayers with foreign assets often have international information return filing requirements. In...
IRS Issues First Draft of Cryptocurrency Reporting Form | JD Supra
JD Supra· 5 days agoThe IRS appears to be on the verge of changing the way digital asset (i.e., cryptocurrency) transactions are reported for federal tax purposes. On April 19, 2024, the < ...