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$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 4 days agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't ...
Kelly Bullis: IRS says it’s increasing audit rates
Nevada Appeal· 17 hours agoYou know one of the most wonderful feelings in life is knowing the IRS may be considering an audit of your business and or personal tax returns ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 2 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability ...
Today's the Deadline to File 990 Series Returns: Tax990 Facilitates Streamlined E-filing With...
Morningstar· 6 days agoROCK HILL, SC / ACCESSWIRE / May 15, 2024 / Today is significant for nonprofits and tax-exempt organizations - it's the deadline to e-file</ ...
5 Things You Should Know Now About IRS Form 3520-A
Forbes· 19 hours agoIRS Form 3520, these persons may have separate requirements to file IRS Form 3520-A. Worse yet, the penalties for failing to
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 19 hours agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 4 days agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
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 ...
Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 4 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
Weekly IRS Roundup May 6 – May 10, 2024
The National Law Review· 5 days agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...
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