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IRS Extends Post-Death RMD Relief Under the 10-Year Rule for 2024 Distributions | JD Supra
JD Supra· 1 day agoThe Internal Revenue Service (IRS) recently extended relief with respect to certain post-death required minimum distributions (RMDs) ...
IRS Changes Rules for Taxpayers in One State
Newsweek· 6 days agoThe Internal Revenue Service (IRS) said on Thursday that it will extend the tax filing period period for residents and companies in Ohio ...
JD Supra: Preparing for IRS Cash Transaction Reporting in the Cannabis Industry
JD Supra· 5 days agoRevenue Code form the backbone of both voluntary compliance with tax laws and the starting point for audits by the Internal Revenue & ...
IRS offers major relief to tornado victims
Newsweek· 5 days agoMultiple tornadoes have torn through the state this year. The Internal Revenue Service (IRS) announced the tax relief areas on Thursday ...
GOP candidate for NC governor blasts public spending as his family nonprofit rakes in taxpayer funds
KFDX Wichita Falls· 5 hours agoWASHINGTON (AP) — In his bid to become North Carolina’s first Black governor, Republican Mark...
Dixon dissolves campaign fund after giving $500,000 to staffer-led nonprofit
Detroit News· 2 days agoThe Michigan Secretary of State's Office has allowed Republican former gubernatorial nominee Tudor...
IRS Issues Proposed Foreign-Trust Regulations
WealthManagement.com· 5 days agoOn May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information ...
Treasury Department hopes to take aim at illicit finance by focusing on crypto
TheStreet.com· 5 days agoThe agency hopes to add more crypto experts to boost enforcement capabilities against crypto crime....
Proposed Regulations Issued on the Excise Tax on Repurchases of Corporate Stock | JD Supra
JD Supra· 1 day agoSection 4501 generally imposes a nondeductible 1% excise tax (the “Tax”) on stock repurchases[2] and “economically similar transactions” (discussed further below) made after December 31, 2022 ...
Waterloo man arrested after allegedly leading police on a brief chase
Waterloo-Cedar Falls Courier· 6 days agoAccording to court records, the man had an outstanding parole violation warrant stemming from a 2017...