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...Tax Law Offices of David W. Klasing - How Are "Enhanced IRS Targets" High Risk Audits and...
FOX 5 San Diego· 5 days agoAn Internal Revenue Service (IRS) audit is a formal investigation of a taxpayer's financial information. During an audit, IRS agents will carefully review ...
IRS Allows DOE’s Modified GREET Model and USDA’s Climate Smart Agriculture Program for Sustainable...
JD Supra· 4 days 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...
Whistleblowers file a motion to intervene in Hunter Biden's suit against the IRS
Just the News· 4 days agoIRS whistleblowers Gary Shapley and Joseph Ziegler have filed a motion to intervene in Hunter...
Auto & Transport Roundup: Market Talk
The Wall Street Journal· 2 hours agoRival car-parts retailer O’Reilly Automotive also blamed the IRS, which processed tax returns more slowly this year, for putting a dent in sales. Refunds...
Usable Domestic Content Safe Harbor Issued | JD Supra
JD Supra· 11 hours agoOn May 16, 2024, the IRS released Notice 2024-41, which modifies the previously issued Notice 2023-38, to provide a new safe harbor for qualifying for the “domestic content ...
Bethlehem Domino's franchisee sentenced, ordered to pay IRS $2.5 million
WFMZ Eastern Pennsylvania and Western New Jersey· 24 hours agoAttorney's Office for the Eastern District of Pennsylvania said Monday. According to a press release, 56-year-old Ammar Jali was sentenced to 12 months and one day in prison, one year of supervised ...
IRS Extends Relief from RMD Rules in 2024 | JD Supra
JD Supra· 4 days agoThe latest relief extends the transitional relief that the IRS previously issued in Notice 2022-53 (“2022 Notice”) and Notice 2023-54 (“2023 Notice”). In 2019, Congress passed ...
Kokua Line: Why is IRS freezing so many tax refunds?
The Honolulu Star-Advertiser via Yahoo Finance· 2 days agoMay 19—Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? to continue reading. Get unlimited access From as low as $12.95 /mo. Question ...
IRS Rev. Rul.: Applicable Federal Rates for June 2024 (IRC §1274)
Bloomberg Law· 6 days agoVarious prescribed rates for federal income tax purposes for June 2024, the IRS provided. Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current
JD Supra: Preparing for IRS Cash Transaction Reporting in the Cannabis Industry
JD Supra· 4 days agoThe various forms of information reporting required by the Internal Revenue Code form the backbone of both voluntary compliance with tax laws and the starting point for audits by the Internal ...