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More home sales trigger capital gains tax. Here's how it works and how to avoid it.
The Week via Yahoo Finance· 6 days agoThat's because of the home sale exclusion, which offers a tax break for homeowners who meet certain...
Case: Petitioner Failed to Review Joint Return and Knew Expenses Were Not Deductible, No Eligibility...
Bloomberg Law· 1 hour agoRequesting Petitioner was not eligible for further relief from joint and several liability under I.R.C. §6015(f) after the IRS granted proportionate relief under §6015(c), the U.S. Tax Court held, sustaining ...
$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 6 days agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 3 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 ...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 6 days agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 5 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
IDFC First Bank Merger APPROVED! Bank stock under Rs 80 a good BUY? Share price target 2024
MSN News· 4 days agoIDFC First Bank Share Price Target 2024: The bank had last year in July announced the amalgamation...
Foreign Spouse? Vexing U.S. Tax Issues For The American Half
Forbes· 3 days agoEarlier, I wrote an article examining some of the U.S. gift and estate tax issues that arise when one spouse is not a U.S. citizen. This article discusses other U.S.
Two Harbors executive sells over $57k in company stock By Investing.com
Investing.com· 19 hours agoIn a recent transaction, Rebecca B. Sandberg, Chief Legal Officer of Two Harbors (NYSE:TWO)...
...California Man, Owner of SoCal-Based Ambulatory Transportation Companies Indicted for Alleged Tax...
Sierra Sun Times· 6 hours agoSANTA ANA, California – A federal grand jury on Wednesday returned a superseding indictment charging...