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IRS Generation-Skipping Transfer Tax Rules Ease Request Process
Bloomberg Law· 32 minutes agoThe IRS’s final rules detailing when taxpayers can get more time to use the generation-skipping transfer tax exemption streamlines the process of requesting that extension.
IRS says number of audits about to surge. Here's who it is targeting.
CBS News via Yahoo Finance· 5 days agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
Deadline looms for Americans to claim $1B in 2020 tax refunds
FOX 10 Phoenix· 53 minutes agoThe Internal Revenue Service (IRS) says about $1 billion is still unclaimed in tax refunds from...
IRS Addresses Audit Rate Disparity Gap Between Black Taxpayers And Others Filers
Black Enterprise· 5 hours agoOn May 2, the IRS announced the steps it will take to address a wide disparity in audit rates...
Crypto Tax Regulations Not Coming Soon, IRS Tells Sixth Circuit
Bloomberg Law· 53 minutes agoAn IRS attorney couldn’t answer the Sixth Circuit’s question during oral arguments Tuesday on when it will issue regulations at the heart of a lawsuit challenging reporting requirements affecting large cryptocurrency transactions.
IRS gives final warning to claim 2020 tax refunds
WPIX New York City, NY via Yahoo Finance· 4 hours agoNEW YORK (PIX11) – The IRS is sending the public a final reminder to claim refunds for the 2020 tax year. At least 1 million taxpayers haven’t filed...
With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
Forbes· 9 hours agoForeign trusts routinely cause U.S. reporting headaches for taxpayers. Generally, tax professionals...
The IRS may owe you hundreds of dollars from years ago. You have days left to collect.
12 News KPNX· 1 day agoYou may be owed hundreds of dollars by the IRS. Generally the deadline to claim old refunds falls...
Avoiding IRS Art Donation Audits Requires an Up-Front Checklist
Bloomberg Law· 8 hours agoArt may be in the eye of the beholder, but art valuation for tax purposes is in the eye of the IRS. Improper deductions based on inflated art valuations are now in the agency ...
Tax day may have passed but the IRS says tax scams are still rampant
KTVI via Yahoo Finance· 13 hours agoIRS Public Affairs Officer Cesar Yabor warns taxpayers not to let today’s date provide a false sense...
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