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IRS Issues Fact Sheet on Disaster Relief Distributions and Plan Loans | JD Supra
JD Supra· 12 hours 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· 22 hours 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 ...
IRS Offers Tax Relief for Storm Victims in Massachusetts
Bloomberg Law· 3 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.
IRS News Release: Tax Relief for Massachusetts Taxpayers Impacted by Severe Storms, Flooding
Bloomberg Law· 3 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 Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 7 days agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
The Savings Game: When to file an amended federal tax return
Orlando Sentinel· 4 days agoWith April in the rear-view mirror, most Americans — especially those whose employers withhold...
How the Legal Aid Society helps low-income taxpayers
Gannett via AOL· 9 hours agoBut, according to the handout given League meeting attendees, the tax clinic will answer tax questions, help with IRS audits, settle ...
Weekly IRS Roundup May 20 – May 24, 2024
The National Law Review· 3 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...
With home prices up more than 50%, some states try to contain property taxes
Associated Press· 1 day agoFor retirees Tom and Beverly McAdam, the good news is the value of their two-bedroom home in...
If you are behind filing taxes, face your fear and meet with a tax accountant
Rolling Out· 1 day agoThis article addresses the common fear of filing back taxes and explores the benefits of seeking...
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