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Crypto Broker Reporting Regulations Should Avoid Mismatch Risk
Bloomberg Law· 5 hours agoThe IRS’s April 19 release of the draft Form 1099-DA—which will be used to report certain sales and exchanges of digital assets on or after Jan. 1, 2025 ...
IRS council recommends raising jackpot withholding level to $5,800
Las Vegas Review-Journal· 21 hours agoIt’s a frustrating process: You have to sit at your machine to wait for an attendant who collects...
Tax Strategies And Schemes To Avoid Taxes At IRS Forefront | JD Supra
JD Supra· 1 day agoOn 4/11/24, the IRS wrapped up its 2024 Dirty Dozen List with a “warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed ...
JD Supra: Preparing for IRS Cash Transaction Reporting in the Cannabis Industry
JD Supra· 4 days agoCode form the backbone of both voluntary compliance with tax laws and the starting point for audits by the Internal Revenue Service (IRS). One ...
IRS warns thousands of taxpayers they could face jail time
Newsweek· 7 days agoThe IRS is warning that thousands of taxpayers may be facing jail time if they're found to have...
IRS may owe you $932; How to file claim before May 17 deadline
The Cleveland Plain Dealer· 6 days agoAbout 1 million people who didn’t file their tax returns for 2020 may still be eligible for a refund...
Top CD rates today: Top rates remain competitive — May 21, 2024
USA Today· 3 hours agoCertificates of deposit (CDs) are a solid choice if you’re in the market for a low-risk investment...
What is FIRPTA withholding?
TheStreet.com· 57 minutes agoExplore the essentials of FIRPTA: key withholding guidelines, vital exceptions, and filing tips for property transactions with foreign entities.
Kokua Line: Why is IRS freezing so many tax refunds?
Honolulu Star-Advertiser· 2 days agoQuestion: Regarding the IRS questioning someone’s identity (808ne.ws/3QPaLph), is this more likely if the person claimed certain credits? Answer: Yes,...
IRS warns thousands of taxpayers could face criminal prosecution for filing false returns
FOX Business· 7 days agoThe IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed...