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IRS Releases Draft of 2025 Digital Asset Reporting Form for US Taxpayers
Cryptonews· 29 minutes agoThe IRS has recently released a draft of Form 1099-DA for reporting income derived from digital...
Here’s how many millions the IRS owes New Yorkers over failed tax- return filings
New York Post· 3 hours agoUncle Sam is sitting on a lot of cash meant for New Yorkers. TheIRS estimates $60.8 million in...
IRS Issues Another Breather For Taxpayers Who Have Inherited IRAs
Forbes· 4 days agoThe IRS is offering a breather for taxpayers tied to certain specified required minimum...
IRS announces refund increase to taxpayers
Newsweek· 1 day agoThe Internal Revenue Service (IRS) has announced the amount issued in tax refunds for the 2023 fiscal year. Of around $4.7 trillion collected from 271.5...
IRS waives mandatory withdrawals from certain inherited individual retirement accounts — again
NBC Miami· 1 day agoCertain heirs have to deplete inherited retirement accounts within 10 years due to a provision in...
Child Tax Credit Update: Where Is Your Refund?
CNET· 2 hours agoIf you got your tax return filed by the April 15 deadline, the hard part is over. Now you just need to keep an eye out for your child tax credit refund....
IRS Issues New Notice on Inherited IRAs
WealthManagement.com· 2 days agoThe Internal Revenue Service recently issued Notice 2024-35, waiving any excise tax for failure to take required minimum distributions for 2024 for...
IRS Cannot Offset Taxpayer’s Refund With A Disputed Tax Liability | JD Supra
JD Supra· 1 day agoImagine the IRS notifies Taxpayer that they have an outstanding tax liability with respect to Tax Year, and that the agency intends to levy on Taxpayer’s property to collect ...
The IRS Owes 940,000 Taxpayers $1B in Tax Refunds From 2021. How to Claim Your Money
CNET· 4 days agoThe IRS might owe you some money from your 2021 refund, including payment for the 2020 Recovery...
IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves
CoinDesk via Yahoo Finance· 23 hours agoThe U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax form might...