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Behind the Scenes: Understanding IRS Operations from a Former Agent's Perspective
TechBullion· 3 days agoThe Internal Revenue Service (IRS) is the U.S. federal agency responsible for tax collection and tax...
Missed the April tax-filing deadline? File quickly to avoid penalties and interest
Lexington Clipper-Herald· 4 days agoThe Internal Revenue Service encourages taxpayers who missed the April tax-filing deadline to file a...
IRS updates help for low income taxpayers
Newsweek· 5 days agoThe Internal Revenue Service (IRS) has started accepting applications from Low Income Taxpayer Clinic (LITC) matching grants for 2025 from all qualified...
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 ...
The 50 Best Places To Buy a Home for Under $250,000
GOBankingRates via Yahoo Finance· 3 hours agoHowever, in many places in America, housing prices have started to rocket so high that homeownership has become the sort of dream that’s only imaginable...
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...
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
The National Law Review· 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...