Search results
IRS PLR: Consent Granted to Make Retroactive Qualified Electing Fund Election (IRC §1295)
Bloomberg Law· 1 hour agoThe IRS has published a private letter ruling on Section 1295 regarding making a retroactive qualified electing fund election for federal tax purposes. [PLR 202420003]
IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media
Forbes· 16 hours agoThe IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led...
IRS PLR: Extension to Change Accounting Period Denied (IRC §442)
Bloomberg Law· 4 hours agoThe IRS has published a private letter ruling on Section 442 and Treasury Regulation Section 301.9100 regarding the extension of time to request a change in accounting period. [PLR 202420025] ...
IRS PLR: Extension of Time Granted to Allocate Generation-Skipping Transfer Exemptions to Trusts...
Bloomberg Law· 4 hours agoThe IRS has published a private letter ruling on Section 2632 and Treasury Regulation Section 301.9100, regarding extensions of time to allocate generation-skipping transfer exemptions to a trust for federal ...
IRS Changes Rules for Taxpayers in One State
Newsweek· 24 hours agoThe Internal Revenue Service (IRS) said on Thursday that it will extend the tax filing period period for residents and companies in Ohio who were...
IRS PLR: Extension of Time Granted to Change Accounting Method (IRC §9100)
Bloomberg Law· 4 hours agoThe IRS has published a private letter ruling on Treasury Regulation Section 301.9100 regarding extensions of time to change accounting method for federal income tax purposes. [PLR 202420027]
IRS PLR: ‘Portability’ Election Extension Granted (IRC §2010)
Bloomberg Law· 2 hours agoThe IRS has published a private letter ruling on Section 2010 and Treasury Regulation Section 301.9100 regarding the extension of time to make a portability election for federal tax purposes. ...
IRS owes millions to DC, Maryland & Virginia taxpayers - but deadline to claim is Friday
FOX 5 Washington D.C.· 1 day agoThe IRS says roughly 940,000 people across the U.S. who didn’t file their 2020 tax year returns may...
IRS Allows DOE’s Modified GREET Model and USDA’s Climate Smart Agriculture Program for Sustainable...
JD Supra· 14 hours agoOn April 30, 2024, the Department of Treasury and IRS issued new SAF tax credit guidance created by the Inflation Reduction Act (IRA). This guidance...
Congressional Democrats Urge IRS to Expand Free Direct File Tax-Prep Program
Barrons.com· 1 day agoBEST PRACTICES Direct File, the IRS’ free online tax-preparation program that was launched on a...