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The Importance Of IRS Form 8606 For Heirs Of IRAs
Forbes· 22 hours agoHere’s a way for saving, potentially, thousands in taxes on IRAs, including on those that you inherit: To get started, learn all about the IRS Form 8606...
IRS Direct File: 140K people used pilot program, but its future is unclear
WPRI Providence· 7 hours agoThe government pilot program, rolled out this tax season in 12 states, allows people with very...
Weekly IRS Roundup April 29 – May 3, 2024
The National Law Review· 10 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 29, 2024 – May 3, 2024. April...
With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
Forbes· 21 hours agoForeign trusts routinely cause U.S. reporting headaches for taxpayers. Generally, tax professionals...
Deadline looms for Americans to claim $1B in 2020 tax refunds
FOX 10 Phoenix· 12 hours 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· 16 hours agoOn May 2, the IRS announced the steps it will take to address a wide disparity in audit rates...
IRS Forms New Office to Resolve Tax Disputes Earlier and More Efficiently
WealthManagement.com· 7 days agoAccording to IRS Commissioner Daniel Werfel, “This new office will revitalize existing programs and...
Some NC taxpayers can get a share of $29M from IRS, but deadline is soon. How to claim
Charlotte Observer via Yahoo Finance· 11 hours agoOnline tool if you are unable to get copies of tax documents from your employer or bank. File a Form...
National Small Business Week: IRS.gov offers one-stop shop for small business tax resources
The Post and Courier· 13 hours agoSmall businesses should make the Small Business and Self-Employed Tax Center their first stop for finding just about everything they need to meet their federal tax obligations. Whether they ...
IRS Clarifies SECURE 2.0 W-2 Changes | PLANADVISER
PLANADVISER· 1 day agoThe Internal Revenue Service has issued guidance and a FAQ for retirement plan sponsors and participants concerning tax form filings affected by the SECURE 2.0 Act of 2022 ...