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More home sales trigger capital gains tax. Here's how it works and how to avoid it.
The Week via Yahoo Finance· 5 days agoThat's because of the home sale exclusion, which offers a tax break for homeowners who meet certain...
$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 5 days agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't ...
Kelly Bullis: IRS says it’s increasing audit rates
Nevada Appeal· 24 hours agoYou know one of the most wonderful feelings in life is knowing the IRS may be considering an audit of your business and or personal tax returns. Now that...
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 1 day agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...
5 Things You Should Know Now About IRS Form 3520-A
Forbes· 1 day agoIRS Form 3520, these persons may have separate requirements to file IRS Form 3520-A. Worse yet, the penalties for failing to
Today's the Deadline to File 990 Series Returns: Tax990 Facilitates Streamlined E-filing With...
Morningstar· 7 days agoROCK HILL, SC / ACCESSWIRE / May 15, 2024 / Today is significant for nonprofits and tax-exempt organizations - it's the deadline to e-file</ ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 2 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability can be harsh ...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 5 days agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
Weekly IRS Roundup May 6 – May 10, 2024
The National Law Review· 6 days agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...
Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 4 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
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