Search results
Weekly IRS Roundup April 15 – April 19, 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 15, 2024 – April 19, 2024....
Nearly 141,000 People Filed Taxes Online Directly With IRS This Year
Investopedia· 19 hours agoThe IRS said 140,803 people filed their federal taxes in a trial run of the new Direct File system,...
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Wall Street Journal· 6 hours agoThe Internal Revenue Service declared its foray into online tax preparation a success and is now...
The IRS Is Holding $1 Billion for 940,000 Tax Payers. Here's How to Claim Your Money
CNET· 4 days agoThe IRS could owe you some money from your 2021 refund, including payment for the 2020 Recovery...
The New IRS Crypto Form Brings Hidden Challenges For Taxpayers
Forbes· 2 days agoThe form was issued in conjunction with proposed broker regulations. Although 1099-DA forms are...
New IRS Crypto Tax Form: What Your Broker Will Report Next Year - EconoTimes
EconoTimes· 5 days agoThe IRS has introduced a draft of the 1099-DA tax form, a new document for reporting cryptocurrency...
The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
Market Watch· 3 days agoFor taxpayers worth at least $500,000, “certainly the audits are not dropping and would suggest a...
Treasury, IRS Issue Inbound Corporation Stock Repurchase Excise Tax Proposed Regulations | JD Supra
JD Supra· 19 hours agoFollowing the release of initial guidance in the form Notice 2023-2, the U.S. Department of the Treasury (Treasury) and IRS issued proposed regulations (the Proposed Regulations ...
IRS PLR: Extension of Time to Make Portability Election Granted (IRC §9100)
Bloomberg Law· 12 hours agoThe IRS has published a private letter ruling on Section 9100, granting a 120-day extension of time for the decedent’s estate to make a portability election to allow a decedent’s ...
IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism
Utility Dive via Yahoo Finance· 17 hours ago“It is difficult to overstate the significance of today’s announcement for the clean energy market,”...