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I'm Going to Get $3,300 per Month From Social Security. How Can I Reduce My Taxes?
SmartAsset via Yahoo Finance· 7 hours agoApproximately 40% of households pay taxes on their Social Security benefits, according to the Social...
IRS Recommends Planning to Protect Important Documents in the Event of a Natural Disaster | JD Supra
JD Supra· 2 days agoIn a recent notice the IRS is reminding all of us to undertake planning to protect important documents in the event of a natural disaster. This is National Wildfire Awareness ...
IRS Dirty Dozen Warnings on Charitable Scams | JD Supra
JD Supra· 4 days agoIn this episode, Cynthia Rowland highlights some tax schemes designed to exploit both taxpayers and the Treasury. The Internal Revenue Service just wrapped up the 2024 Dirty Dozen campaign with ...
Mainers could be missing out on tax refunds
WMTW Portland· 2 days agoThe IRS says more than $1 billion in tax refunds could go unclaimed. Typically, the filing deadline to claim old refunds falls around the tax deadline of April 15. If you ...
Treasury Department and IRS Issue Final Regulations Regarding the Transferability of Tax Credits...
JD Supra· 5 days agoThe registration portal for transferring tax credits is open, and no significant changes have been made to the registration process. Treasury and the IRS reject relief from ...
Final Treasury Regulations Implement a 10-Year Transition Rule for Existing Domestically Controlled...
JD Supra· 21 hours agoThe U.S. Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) have recently issued final regulations (the “Final Regulations”) that significantly ...
Council Post: Exploring Potential Tax Advantages For Rental Property Owners
Forbes· 4 days agoRyan Barone is cofounder and CEO of RentRedi, a property management software that simplifies the renting process for landlords and renters. If you own a rental property, it can be beneficial ...
The super-rich have a tough time cashing their check | Sam Venable
Knox News | The Knoxville News-Sentinel via Yahoo Finance· 2 days agoIt was at the top of Page 5. “No checks of $100 million or more accepted. The IRS can’t accept a single check (including a cashier’s check) for amounts of $100,000,000 ($100 ...
Buying a car with cash? Here's how to determine when it's the best financial move for you
Stacker via AOL· 2 days agoAccording to the IRS, if you are self-employed and use the car you're financing for your business,...
New Guidance from the Treasury Department on 1% Corporate Stock Buyback Tax | JD Supra
JD Supra· 5 days agoThe Situation: On April 9, 2024, the U.S. Treasury Department ("Treasury") issued proposed regulations (which can be found here) and reporting requirements (which can be found here) providing ...
