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Weekly IRS Roundup April 29 – May 3, 2024
The National Law Review· 4 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 issues final reminder on $1 billion in tax refunds
Newsweek· 2 days agoInternal Revenue Service has issued a final reminder to taxpayers who may have missed out on...
Expat Tax Online Announces Assistance for IRS Streamlined Foreign Offshore Procedure
Digital Journal· 13 hours agoThis initiative from the IRS helps US taxpayers away from the United ...
IRS Announces Four Alternative Ways to Resolve Cases
WealthManagement.com· 3 days agoThe Internal Revenue Service has announced four alternatives associated with the Appeals Alternative Dispute Resolution Program. Outside stakeholders...
IRS News Release: Home Energy Credits Available for Energy Efficient Updates (IRC §25C)
Bloomberg Law· 19 hours agoTaxpayers are reminded that making certain energy efficient updates to their homes could qualify them for home energy credits, the IRS announced. The credit amounts and types of qualifying expenses ...
A step-by-step guide to changing your address when you move
CNN via Yahoo News· 16 hours agoDisappearing mail can lead to frustration and even fines should you miss a piece of communication...
IRS 2024 Dirty Dozen Highlights Major Tax Scams, Including Abusive Tax Schemes
The National Law Review· 2 days agoEach year, the Internal Revenue Service (IRS) releases a Dirty Dozen list highlighting twelve tax...
IRS Announces 2025 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted...
The National Law Review· 1 day agoThe Internal Revenue Service (IRS) recently announced (see Revenue Procedure 2024-25) cost-of-living...
FAT Brands Chairman Andy Wiederhorn Accused of Hiding $47 Million from Federal Agents and Investors
QSR· 16 hours agoFAT Brands chairman Andy Wiederhorn has been indicted on federal charges that he allegedly concealed...
IRS Rev. Rul.: Underpayment, Overpayment Interest Rates Remain the Same for 3rd Quarter of 2024 (IRC...
Bloomberg Law· 19 hours agoRates for interest determined under I.R.C. §6621 for the calendar quarter beginning July 1, 2024, will be 8% for overpayments (7% in the case of a corporation), 8% for underpayments, ...