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IRS offers major relief to tornado victims
Newsweek· 13 hours agoMultiple tornadoes have torn through the state this year. The Internal Revenue Service (IRS) announced the tax relief areas on Thursday, adding that...
IRS Changes Rules for Taxpayers in One State
Newsweek· 1 day agoThe Internal Revenue Service (IRS) said on Thursday that it will extend the tax filing period period for residents and companies in Ohio who were...
JD Supra: Preparing for IRS Cash Transaction Reporting in the Cannabis Industry
JD Supra· 8 hours agoOne form that is particularly relevant in the cannabis space is IRS Form 8300, which implements the law that requires a business to report transactions involving a cash < ...
$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 9 hours agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't file a tax return ...
IRS Issues Proposed Foreign-Trust Regulations
WealthManagement.com· 8 hours agoOn May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information reporting of...
Prince Harry and Meghan Markle's Archewell Foundation Refutes 'Delinquent' Allegation, 'Remains in...
People Magazine· 3 days agoPrince Harry and Meghan Markle's Archewell Foundation is addressing claims that it has been declared...
Treasury Department hopes to take aim at illicit finance by focusing on crypto
TheStreet.com· 1 hour agoThe agency hopes to add more crypto experts to boost enforcement capabilities against crypto crime....
Tax Authorities of the World Unite? Not Quite, But the IRS Joins the Movement to Tax the Rich | JD...
JD Supra· 2 days agoEarlier this year, the OECD observed there has been a significant increase in global wealth inequality over the last two decades. Then, in March, the United Nations’ Subcommittee on Wealth Taxes ...
New audit points to fraud potential in tax credit program for biofuels
South Dakota Searchlight via Yahoo News· 4 days agoA new federal audit has revealed a surprising claim about biofuel tax credits: One third of the...
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data
The State· 1 day agoThe actual COLA for next year won’t be announced until October.
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