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Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with New Elective...
The National Law Review· 2 days agoOn May 16, 2024, the IRS released Notice 2024-41 (the “Notice”), modifying its preliminary guidance...
Microcaptive Promoter Celia Clark Settles IRS Promoter Penalties
Forbes· 2 days agoAs related in that article, the IRS assessed Clark with $11 million in penalties, Clark paid a...
IRS owes millions to DC, Maryland & Virginia taxpayers - but deadline to claim is Friday
FOX 5 Washington D.C.· 6 days agoThe IRS says roughly 940,000 people across the U.S. who didn’t file their 2020 tax year returns may...
IRS Authority to Assess Certain Foreign Information Return Penalties Restored by D.C. Circuit | JD...
JD Supra· 5 days agoThe U.S. Court of Appeals for the District of Columbia Circuit (D.C. Circuit) on May 3, 2024, reversed the U.S. Tax Court (USTC) in Alon Farhy v. Commissioner, No. 23-1179 (D.C. Cir. May 3, ...
IRS agent testifies about ‘peculiar’ names in food distribution sites in Feeding Our Future trial
Minneapolis-St. Paul Star Tribune· 2 days agoThree children all named "John Doe" allegedly received free food. None of those names matched the...
Former IRS officer and his brother sentenced for scamming over $3M in loan relief funds
KRON via Yahoo Finance· 5 days ago(KRON) — A former IRS officer, Frank Mosley, 58, of Oakland, and his brother Reginald Mosley, 60, of...
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 2 days agoOn 4/11/24, the IRS wrapped up its 2024 Dirty Dozen List with a “warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed ...
Law firm Baker McKenzie drops lawsuit against IRS over partnership tax crackdown
Reuters· 2 days agoInternational law firm Baker McKenzie has dropped its lawsuit seeking to force the Internal Revenue...
IRS offers major relief to tornado victims
Newsweek· 5 days agoMultiple tornadoes have torn through the state this year. The Internal Revenue Service (IRS) announced the tax relief areas on Thursday, adding that...
IRS agent testifies about ‘peculiar’ names in food distribution sites in Feeding Our Future trial
Star Tribune (Minneapolis) via Yahoo Finance· 2 days agoThree children all named "John Doe" allegedly received free food. So did a child named "Friday...
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