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The Delinquency Status of Harry & Meghan's Archewell Foundation Is Quickly Resolved
Town & Country via Yahoo News· 4 days agoDue payments were made promptly and in accordance with the IRS’s processes and procedures....
Government updates procedures to change R&D, income recognition, and inventory methods in new Rev....
JD Supra· 5 days agoProc. 2024-23, List of Automatic Changes, which provides the list of tax accounting method changes a taxpayer may file under the IRS’s automatic procedures ...
IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For
Forbes· 4 days agoIn recent years, the IRS has focused its attention and resources on large partnerships. In 2021, the...
Form 5330 E-Filing Requirement Headache | JD Supra
JD Supra· 3 days agoThe Form 5330[1], an excise tax return used by certain employers and individuals to pay penalty taxes, must be filed electronically for taxable years ending on or after December 31, 2023. As ...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 2 days agoOn Aug. 29, 2023, Treasury and the IRS published proposed regulations that, if finalized, will require brokers (including digital asset trading platforms, digital asset payment ...
Hutch's Jewelry murder: Dan Hutchinson's wife testifies about relationship with lawyer, business...
Fox local via AOL· 14 hours agoDan ‘Hutch’ Hutchinson's wife took the stand during her late husband's murder trial Friday to...
More home sales trigger capital gains tax. Here's how it works and how to avoid it.
The Week via Yahoo Finance· 20 hours agoThat's because of the home sale exclusion, which offers a tax break for homeowners who meet certain...
Social Media Tax Advice Can Lead To Trouble | JD Supra
JD Supra· 5 days agoOn 4/8/24, the IRS continued updating the Dirty Dozen list for 2024 including how social media tax advice can lead taxpayers to trouble as inaccurate or misleading tax information ...
The Top Affordable Care Act Reporting Mistakes We Continue to See in 2024 | JD Supra
JD Supra· 4 days agoNearly once a week, I receive a frantic call or email from a current or potential client who has received a proposed or final assessment from the IRS related to Affordable ...
HILL TAX BRIEF: Biden Official Forecasts Direct File Expansion
Bloomberg Law· 5 days agoA top economic adviser to President Joe Biden staked out the administration’s priorities ahead of the 2025 tax fight, renewing the White House vow to raise taxes on the rich and corporations ...