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IRS Notice 2024-35: (Another) Temporary Waiver for Certain RMDs
The National Law Review· 5 days agoOn April 16, 2024, IRS released Notice 2024-35 extending temporary relief for certain required...
IRS Free Tax Filing Pilot Saved Consumers $5.6 Million In Prep Fees - Slashdot
Slashdot· 2 days agoThe free tax filing pilot from the IRS that rolled out in 12 states last month saved filers an estimated $5.6 million in tax preparation fees for federal returns, said < ...
IRS to use AI like 'night vision goggles' to find American's dodging tax
TweakTown· 5 days agoInternal Revenue Service commissioner has outlined how the tax collection agency will use AI to help...
What Crypto CPAs Should Know About Form 1099-DA
Forbes· 14 hours agoWith the majority of crypto tax concerns focused around complying with forthcoming changes to the IRS code, specifically 6045 and 6050I, it would be easy to overlook an entirely ...
IRS Creates New Office For Alternative Dispute Resolution
Bloomberg Law· 4 days agoThe IRS is establishing a new office to help taxpayers resolve tax disputes faster and make alternative dispute resolution programs more accessible, the agency’s Independent Office of Appeals announced Wednesday.
IRS Spent $24.6 Million on Free Tax Filing Tool in Pilot Season
Bloomberg Law· 2 days agoThe IRS’s free electronic filing tool pilot cost $24.6 million, significantly below early estimates, as the agency confronts a critical turning point on the future of the ...
My daughter has special needs. Does the IRS have the authority to take money from a trust that I set...
Market Watch· 6 days agoJust to clear: I am not in any trouble and nor do I currently owe any money to the IRS. Again, I am...
IRS Set to Kill Pseudonymity in Crypto? Tax Form Proposal Raises Alarms - Decrypt
Decrypt· 5 days agoA draft version of an IRS form spread fear and uncertainty across the crypto industry this week,...
140,000 people did their taxes with the free IRS direct file pilot. But program’s future is unclear
Courthouse News Service· 2 days agoThe IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file...
Claiming high user satisfaction, IRS will decide on renewing free tax site
Washington Post· 2 days agoExperts say a nationwide rollout could someday disrupt the multibillion-dollar tax preparation...
