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Sports Team Owners Face New Scrutiny From IRS Over Tax Avoidance
ProPublica· 4 hours agoProPublica is a nonprofit newsroom that investigates abuses of power. The IRS has launched a...
IRS Art Donation Audits Are the Start of a Tax Pro’s Paper Chase
Bloomberg Law· 4 hours agoIn its latest message to wealthy taxpayers, the IRS says it plans to target improper art donation tax deductions, focusing on promoters who “encourage taxpayers to buy various ...
940,000 Taxpayers Have Just 2 Weeks to Claim Part of the $1B theIRS Is Holding. See If You're Owed...
CNET· 1 day agoThe IRS is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but it won't be...
IRS Notifies Thousands of Taxpayers That They Were Victims of a Data Breach
The National Law Review· 2 days agoOn April 12, 2024, the Internal Revenue Service began notifying thousands of taxpayers that their...
IRS Says You Have Until May 17 to Get Unclaimed Refunds: "Money on the Table"
Best Life· 18 hours agoThe Internal Revenue Service (IRS) is beginning to issue tax refunds to those who withheld too much...
IRS Is Notifying Taxpayers Who Were Victims Of Massive Data Breach
Forbes· 1 day agoThe IRS is notifying taxpayers who were impacted by the Littlejohn data breach. Former IRS contractor Charles Littlejohn illegally accessed and distributed ...
IRS Forms New Office to Resolve Tax Disputes Earlier and More Efficiently
WealthManagement.com· 22 hours agoAccording to IRS Commissioner Daniel Werfel, “This new office will revitalize existing programs and...
IRS Waives 2024 RMDs For Inherited IRA Beneficiaries
Forbes· 4 days agoThe IRS has just waived some Inherited IRA RMDs again for 2024. This is the fourth year in a row that the IRS has kicked the can down the road for people...
Yellen touts success of IRS pilot program that allowed direct free filing of tax returns
Louisiana Illuminator via Yahoo News· 2 days agoThe agency “met or exceeded” goals for the filing season and “successfully” […] The post Yellen...
IRS Announces Application Process for $6 Billion Allocation of Clean Energy Manufacturing and...
The National Law Review· 22 hours agoOn April 29, 2024, the IRS and the Department of Energy (DOE) announced the process by which they...