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IRS PLR: Extension of Time Granted to Change Accounting Method (IRC §9100)
Bloomberg Law· 5 hours agoThe IRS has published a private letter ruling on Treasury Regulation Section 301.9100 regarding extensions of time to change accounting method for federal income tax purposes. [PLR 202420027]
Here are some options to reduce taxes on your savings interest this year
CNBC· 1 day agoCarolina. If you're a higher earner, you may consider municipal bonds, muni bond funds or muni money...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 10 hours agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
Just How Much Does It Cost to ‘Comfortably Live’ in Each State? | Opinion
The State· 2 hours agoAn image depicting "the income a family needs to comfortably live" in each U.S. state has spread widely online since last week. The graphic, which has garnered attention because ...
Brace for Big Tax Hikes in 2026 Unless Congress Acts
Reason.com via AOL· 5 days agoThe rest paid about the same." Adjusting for all federal taxes under pre-TCJA law, the Cato Institute's Chris Edwards commented, "lower‐ and middle‐...
The Immaculate Expatriation: Bitcoin Jesus And The Exit Tax
Forbes· 5 days agoMark Cuban is a wealthy man. According to a recent post on the social platform X, the Texas-based...
Credit Suisse Can’t Use Losses Against Michigan Tax, Court Says
Bloomberg Law· 9 hours agofailed to convince the Michigan Court of Appeals that it was entitled to carry forward $22 million in losses related to mortgage-backed securities on its state corporate income</ ...
New American Airlines flight attendants are paid shockingly low wages
CNN Business via AOL· 13 hours agoThe union represents 28,000 American Airlines flight attendants. American Airlines did not respond...
Expanding Business Financial Services: Capital Tax Elevates Palo Alto's Small Business Landscape
Digital Journal· 6 hours agoCapital Tax, a renowned certified public accountant firm based in Palo Alto, California, is now offering an expanded suite of tax and accounting services ...
Tax Authorities of the World Unite? Not Quite, But the IRS Joins the Movement to Tax the Rich | JD...
JD Supra· 2 days agoIn addition to these multinational organizations, many foreign governments have separately increased, or have announced they are considering increases to, the income taxes ...