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IRS updates help for low income taxpayers
Newsweek· 4 days agoThe Internal Revenue Service (IRS) has started accepting applications from Low Income Taxpayer Clinic (LITC) matching grants for 2025 from all qualified...
First Home? Here Are 7 Tips on How To Take Out a Mortgage Without Hurting Your Finances
GOBankingRates via Yahoo Finance· 1 hour agoWhen it comes to housing, you have two options: rent or buy. Millions would prefer to buy, but stick...
IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A Transactions | JD Supra
JD Supra· 3 days agoOur Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions. Contrary to common...
Tax Court Upholds IRS Decision That Premiums Paid to Microcaptive Insurance Companies Did Not...
JD Supra· 6 days agoThe U.S. Tax Court recently upheld a determination by the IRS that premium payments to certain microcaptives could not be deducted for tax purposes because ...
Can you pay taxes with a personal loan?
Bankrate via Yahoo Finance· 4 days agoTaking out a loan with interest and potential added fees to pay for an expected yearly expense could leave you deeper in debt, but personal loans do...
Weekly IRS Roundup April 15 – April 19, 2024 | JD Supra
JD Supra· 6 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 15, 2024 – April 19, 2024....
Protect Yourself: Action Steps Following the Largest-Ever IRS Data Breach
The National Law Review· 4 days agoLittlejohn’s crime is the largest known data theft in the history of the IRS. Upon obtaining these...
IRS Warns High-Net-Worth Individuals of Elaborate Schemes
WealthManagement.com· 4 days agoThe Internal Revenue Service has wrapped up its annual Dirty Dozen campaign, which it self-proclaims...
Hooray, tax season is over. Did you avoid these red flags for the IRS? | Retire on Track
Herald-Tribune via Yahoo Finance· 6 days agoI promise you the pain of being audited is worse than any benefit you’d receive. Actions that might...
IRS Issues FAQs on the Tax Treatment of Employer-Provided Work-Life Referral Services | JD Supra
JD Supra· 7 days agoOn April 16, 2024, the IRS issued Fact Sheet 2024-13, which includes FAQs addressing the tax treatment of employer-provided work-life referral services. The FAQs generally ...