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IRS reminder: Time to claim $1 billion in tax refunds from 2020 expires on May 17
CNBC· 1 day agoNearly 940,000 taxpayers have until May 17 to file 2020 returns and claim their refund, the IRS said...
Just 3 Business Days Left Before May 15th 990 Deadline; Tax990 Simplifies 990 Filing for Nonprofits...
Digital Journal· 11 hours agoTax990 provides a streamlined e-filing solution, empowering organizations to efficiently complete their 990 filings within their remaining days of filing time. With over 10 ...
Conquering Tax Season: How Technology can Streamline Filing and Return Delivery in 2024
International Accounting Bulletin via Yahoo Finance· 2 days agoWith more than 46,000 CPA firms in the U.S. facing another season of tight deadlines, grappling with...
Our View: Pilot shows Direct File works and should be expanded
The Eagle-Tribune· 18 hours agoDirect File is an upgrade over the IRS’ longstanding E-file system, which was practical only for the most simple of ...
Final Regulations Issued on Direct-Pay Elections and Transfer of Tax Credits | JD Supra
JD Supra· 3 hours agoOn April 25, 2024, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations (T.D. 9993) (the “final regulations under ...
Treasury and IRS Release Final Regulations on Credit Transferability | JD Supra
JD Supra· 3 days agoOn April 25, 2024, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (the Final Regulations) regarding the election ...
Tax990 Simplifies 990-PF Filling For Private Foundations
Digital Journal· 4 days agoROCK HILL, SC / ACCESSWIRE / May 6, 2024 / As the May 15, 2024 deadline for filing 990 series tax returns approaches, nonprofit organizations operating ...
IRS Rules Utility's NOL Carryforward Cannot Be Reduced by Tax Allocation Payments | JD Supra
JD Supra· 2 days agoThe IRS ruled that the normalization rules precluded the reduction of the NOLC by reason of the TAA payments. Because the regulatory authority required the reduction of the ...
With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
Forbes· 4 days agoForeign trusts routinely cause U.S. reporting headaches for taxpayers. Generally, tax professionals...
House and Senate DFL to battle over progressive tax provisions
Minnesota Reformer via Yahoo News· 4 days agoThe Minnesota House passed a tax bill on Friday that includes a slew of tax changes: large...
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