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Senior Center Stops IRS Bid to Resurrect $20 Million Adjustment
Bloomberg Law· 1 day agoThe IRS can’t adjust a California senior care facility’s income upward by $20 million, because the center’s entrance fee reports accurately reflect income, the Ninth Circuit said Monday.
IRS may owe you $932; How to file claim before May 17 deadline
The Cleveland Plain Dealer· 6 days agoMore than $1 billion in tax refunds remain unclaimed due to people not yet filing their 2020 tax...
Housing Market 2024: How To Avoid Paying Taxes When Selling Your Home
AOL· 5 hours agoBetween 1991 and 2022, the average annual U.S. home price increase was 4.3%, Credit Karma reported, citing data from the Federal Housing Finance Agency. The downside is, you might get stuck ...
IRS Changes Rules for Taxpayers in One State
Newsweek· 5 days ago"This means that individuals and households that reside or have a business in Auglaize, Crawford, Darke, Delaware, Hancock, Licking, Logan, Mercer,...
It’s your last chance to get a tax refund. Don’t miss it, IRS says
NJ.com· 6 days agoPeople who don’t normally file a tax return could be leaving their part of nearly $1 billion in tax...
IRS owes millions to DC, Maryland & Virginia taxpayers - but deadline to claim is Friday
FOX 5 Washington D.C.· 5 days agoThe IRS says roughly 940,000 people across the U.S. who didn’t file their 2020 tax year returns may...
Advocates for IRS whistleblowers accuse Special Counsel Weiss of retaliation, misleading: ‘Smear...
Fox News via Yahoo News· 1 day agoLawyers for two IRS whistleblowers claim special counsel "hid and twisted" information, prompting...
Tax breaks after 50 you might not know about
AOL· 4 days agoHere’s additional 2024 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct...
Usable Domestic Content Safe Harbor Issued | JD Supra
JD Supra· 11 hours agoOn May 16, 2024, the IRS released Notice 2024-41, which modifies the previously issued Notice 2023-38, to provide a new safe harbor for qualifying for the “domestic content ...
Ohio tornado victims permitted delays to September in filing tax returns, payments
The Columbus Dispatch via Yahoo Finance· 23 hours agoTaxpayers don't have to contact the IRS to get relief. The IRS does it automatically....