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IRS reminder: Time to claim $1 billion in tax refunds from 2020 expires on May 17
CNBC· 4 days agoThere is $1 billion in unclaimed 2020 tax refunds up for grabs — but the last chance to file returns...
IRS PLR: ‘Portability’ Election Extension Granted (IRC §2010)
Bloomberg Law· 16 hours agoThe IRS has published a private letter ruling on Section 2010 and Treasury Regulation Section 301.9100 regarding the extension of time to make a portability election for federal tax purposes. ...
IRS issues final reminder on $1 billion in tax refunds
Newsweek· 5 days agoInternal Revenue Service has issued a final reminder to taxpayers who may have missed out on...
IRS Highlights Most Common Tax Scams For 2024
Forbes· 4 days agoA concise overview of the primary scams highlighted by the IRS for 2024, along with suggestions for safeguarding yourself.
IRS: Nearly $10 million in unclaimed refunds available for Arkansans
KNWA Fayetteville via Yahoo Finance· 1 day agoOn May 6, the IRS said more than $938 million in refunds remained unclaimed for those who have yet...
Weekly IRS Roundup April 29 – May 3, 2024
The National Law Review· 6 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 29, 2024 – May 3, 2024. April...
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
MSN News· 21 hours agoThe IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning,...
IRS boosts health savings account contribution limits for 2025
CNBC· 4 days agoThe IRS has unveiled the 2025 contribution limits for health savings accounts, which are triple-tax...
IRS Audit of Trump Could Cost Former President More Than $100 Million
Talking Points Memo· 2 days agoFormer President Donald Trump used a dubious accounting maneuver to claim improper tax breaks from...
Ippei Mizuhara, ex-interpreter for MLB star Shohei Ohtani, likely to plead not guilty as a formality
Associated Press via Yahoo Sports· 17 minutes agoThe former interpreter for Los Angeles Dodgers star Shohei Ohtani is expected to plead not guilty...