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Weekly IRS Roundup April 29 – May 3, 2024
The National Law Review· 5 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 29, 2024 – May 3, 2024. April...
Final Regulations Issued on Direct-Pay Elections and Transfer of Tax Credits | JD Supra
JD Supra· 2 days agoOn April 25, 2024, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations (T.D. 9993) (the “final regulations under ...
Shohei Ohtani's former interpreter agrees to plead guilty to stealing $17 million
LA Times via AOL· 3 days agoIppei Mizuhara, a former Japanese interpreter for baseball star Shohei Ohtanti, has agreed to plead...
H&R Block, Inc. (NYSE:HRB) Q3 2024 Earnings Call Transcript
Insider Monkey via Yahoo Finance· 2 days agoH&R Block, Inc. (NYSE:HRB) Q3 2024 Earnings Call Transcript May 9, 2024 H&R Block, Inc. isn’t one of...
Estate Planning for the Business Owner Series, Part 4: Document the Transfer | JD Supra
JD Supra· 2 days agoOnce a business owner has an understanding of the value of the business and the tax and cash flow impacts of the transfer, the next step is to document the transfer. This ...
Tax Treatment of the Sale of Social Club Assets Upon Liquidation | JD Supra
JD Supra· 4 days agoSince 1916, Congress has exempted from income taxation clubs formed to facilitate social interaction between its members. As a result, country clubs, hunting and fishing clubs, college sororities ...
Earnings call: H&R Block reports growth in Q3 with strong DIY service performance
Investing.com· 2 days agoH&R Block (NYSE: HRB) has reported a positive third quarter for fiscal year 2024, with an increase...
Earnings call: H&R Block reports growth in Q3 with strong DIY service performance By Investing.com
Investing.com· 2 days agoH&R Block (NYSE: HRB) has reported a positive third quarter for fiscal year 2024, with an increase...
Partnership Transactions Lacking Economic Substance or Business Purpose: Investor Beware | JD Supra
JD Supra· 6 days agoAssume that X and Y agree to the following: X will transfer ownership of Prop to Y, and Y will transfer cash to X. Obviously, X has sold Prop to Y. If the amount of cash that X receives is greater ...
JD Supra: Tax Court: Conservation Easement Proceeds Regulation Is Procedurally Invalid Under APA
JD Supra· 6 days agoReg. § 1.170A-14(g)(6)(ii) (Proceeds Regulation) is procedurally invalid under the Administrative Procedure Act (APA),1 the U.S. Tax Court abandoned its precedent in Oakbrook ...
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