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Forget To File Your Taxes? You Might Hear From The IRS
Forbes· 22 hours agoThe IRS is mailing compliance letters, known as CP59 notices, “on more than 125,000 cases where tax returns haven’t been filed since 2017.” According to the IRS< ...
Meet Today’s ACA 1095 & 1099 Extended Deadline For Tax Year 2023. E-file Now With TaxBandits!
Digital Journal· 9 hours agoROCK HILL, SC / ACCESSWIRE / April 30, 2024 / The end of April marks the end of the month, and for businesses that filed a Form 8809 extension for their 2023 ACA reporting, this also marks the end of their 30-day extension period. Employers that were
IRS Notifies Thousands of Taxpayers That They Were Victims of a Data Breach
The National Law Review· 5 hours agoOn April 12, 2024, the Internal Revenue Service began notifying thousands of taxpayers that their...
Treasury Department announces new Series I bond rate of 4.28% for the next six months
CNBC· 13 hours agoSeries I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department...
IRS’ hyped Direct File tax software off to a slow start
The Washington Times· 4 days agoBiden administration officials insisted the pilot was a success, with millions of people checking...
Taxpayers Have Less Than 3 Weeks to Claim $1B the IRS Is Holding. See If You're Owned Money
CNET· 4 days agoThe IRS Is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but not for...
Terry Savage: Where’s my tax refund? How to check your federal or state refund status
Chicago Tribune· 6 days agoWhat do you do if your IRS tax refund still hasn’t arrived? Now that the IRS has received most 2023...
D.C. Cir. Finds IRS Summons Prevents Qualified Amended Return Defense
Forbes· 4 days agoThe IRS frequently imposes penalties against taxpayers who file incorrect tax returns. Although...
Energy tax credit transfers: Treasury and IRS issue final regulations on the section 6418...
JD Supra· 20 hours agoOn April 25, 2024, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations on the transferability of certain tax credits ...
IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A Transactions | JD Supra
JD Supra· 5 days agoOur Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions. Contrary to common...
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