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Time almost up for SC taxpayers to get their share of $12.5M, IRS says. Here’s how to get yours
The State McClatchy via AOL· 4 days agoTaxpayers can use the information from the transcript to file their tax return. But plan ahead –...
3 Taxes That Shrink (or Disappear) When You Retire
GoBankingRates via AOL· 4 days agoIf you're getting ready to retire and think you'll finally leaveincome taxes behind, then there's good news and bad news. The bad news is, you'll...
Hedge Start: Key Tax Issues
The National Law Review· 4 hours agoDifferent hedge fund investors have different tax concerns that must be taken into account when structuring a hedge fund and its portfolio investments. Hedge fund investors generally fall into three categories:
...Department and IRS Issue Final Regulations Regarding the Transferability of Tax Credits Under...
JD Supra· 17 hours agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax
Liggett coach, CEO Brandon Johnson sentenced for $10M drug binge, embezzling from firm
Detroit News· 7 hours agoDistrict Judge Matthew Leitman — but won't have to start serving that punishment until after spring and summer baseball season. Johnson, 45, of St. Clair Shores, also must ...
Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding?
SmartAsset via AOL· 5 days agoYou’ve been saving for years and now have $30,000 set aside for their big day, which you plan to...
Cannabis Reclassification Would Trim Tax Burden, But Not Quickly
Bloomberg Law· 15 hours agoWhen this process is complete, the cannabis industry’s federal tax burden under Internal Revenue Code Section 280E would significantly decrease. This decision also has important ...
Tax Cuts and Jobs Act sunsetting: A health care industry perspective - Atlanta Business Chronicle
The Business Journals· 5 days agoTax legislation will be a hot topic for individuals and entities in the health care industry during...
IRS Publishes Proposed Regulations on Stock Buyback Excise Tax | JD Supra
JD Supra· 6 days agoThe Proposed Regulations generally follow the same approach as the interim guidance under Notice 2023-2 (the “Notice”), which was summarized in this January 2023 Cooley M&A publication.3 Like ...
Migrants get new tax credits
Newsweek· 3 days agoApproximately 100,000 migrants known as "Dreamers" will receive tax breaks due to the Biden administration allowing participants in the Deferred Action...