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Surprise! Here Are 3 Lesser-Known Income Sources the IRS Can Tax
The Motley Fool via AOL· 56 minutes agoAnd because of this, we're generally aware that when we earn money, whether it's from a full-time...
IRS Updated Streamlined Filing Compliance Procedures | JD Supra
JD Supra· 5 hours agoWhat do you need to know about the IRS updated Streamlined Filing Compliance Procedures or "Streamlined Procedures?" Are you concerned about unreported or under-reported offshore ...
Three tax refunds that are raising alarms with IRS
Newsweek· 6 days agoThe IRS is warning taxpayers they may need to amend their returns if they filed for three specific tax credits. Many Americans may have fallen victim to...
‘Is he trying to launder money?’ I loaned a friend $30,000. Now he wants to pay me back using an...
Market Watch· 3 hours agoYou were perhaps asking for trouble, or at least asking trouble to RSVP, by loaning $30,000 to your...
How fast must you empty an inherited IRA account to comply with the IRS’s updated rules? Suze Orman...
Moneywise via Yahoo Finance· 1 day agoIn each year since the new rules were announced, including 2024, the IRS has waived the need for an...
New Safe Harbor for the Domestic Content Bonus Tax Credit
The National Law Review· 18 hours agoLate last week, the Internal Revenue Service (“IRS”) and Department of the Treasury issued highly...
Opinion | The IRS Money Hole Gets Deeper
The Wall Street Journal· 15 hours agoThe Internal Revenue Service can’t write its own checks, which means it has to ask Congress for funding like any other agency. Commissioner Danny Werfel...
...Want to Give Money to My Son and Daughter-in-Law. How Much Can I Give Without Incurring a Tax...
SmartAsset via Yahoo Finance· 16 hours agoHow much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS?...
5 Things You Should Know Now About IRS Form 3520-A
Forbes· 1 day agoU.S. persons with interests in foreign trusts often have complicated international reporting obligations. Aside from an IRS Form 3520, these persons may have separate requirements ...
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 1 day agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...