Search results
With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
Forbes· 11 hours agoForeign trusts routinely cause U.S. reporting headaches for taxpayers. Generally, tax professionals...
IRS evaluating future of free pilot program that helped over 4,000 Nevadans file taxes
KTNV Las Vegas· 4 days agoAs mandated by the Inflation Reduction Act, the IRS delivered a report to Congress in May 2023 that...
940,000 Taxpayers Have Just 2 Weeks to Claim Part of the $1B theIRS Is Holding. See If You're Owed...
CNET· 6 days agoThe IRS is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but it won't be...
IRS Issues Final Regulations on Tax Credit Transfers | JD Supra
JD Supra· 4 days agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer ...
Treasury Department and IRS Issue Final Regulations Regarding the Transferability ofTax Credits...
JD Supra· 1 day agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax
Last Minute Reminder: Filing Deadline For Most Tax-Exempt Organizations Is May 15
Forbes· 6 days agoWhile tax season is over for many taxpayers (except those of us still on extension), tax-exempt...
IRS Notifying Taxpayers Whose Data Was Accessed In Leak That Hit Billionaires And Trump
Forbes· 6 days agoThe IRS is now notifying more taxpayers who were impacted by the Littlejohn data breach. Former IRS contractor Charles Littlejohn illegally accessed and ...
Weekly IRS Roundup April 22 – April 26, 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 22, 2024 – April 26, 2024....
IRS Notifies Thousands of Taxpayers That They Were Victims of a Data Breach
The National Law Review· 7 days agoDuring 2018 through 2020, Charles Littlejohn stole the tax return information of thousands of...
IRS Announces Application Process for $6 Billion Allocation of Clean Energy Manufacturing and...
The National Law Review· 6 days agoOn April 29, 2024, the IRS and the Department of Energy (DOE) announced the process by which they...