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IRS Issues Proposed Foreign-Trust Regulations
WealthManagement.com· 12 hours agoOn May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information reporting of...
IRS Moratorium on Pandemic Credit Draws Tax Firm’s Challenge
Bloomberg Law· 1 day agoHi Ashley,
IRS Doesn’t Have to Pay Widow’s Litigation Costs From Tax Trial
Bloomberg Law· 2 days agoA widow who received innocent spouse relief and an almost $120,000 refund from the IRS isn’t owed a further award for her litigation costs, the US
Day Trader Sues US for $520,000 Refund Over Denied Tax Election
Bloomberg Law· 9 hours agoA Houston day trader is owed a refund of more than $520,000 in overpaid income taxes because the IRS improperly rejected his claim for relief from a filing ...
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Detroit Free Press via Yahoo Finance· 2 days agoThe IRS said returns filed by individuals and tax preparers who knowingly claim a credit to which...
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra...
Fortune via Yahoo Finance· 1 day agoIn other words, as...changing the current law so that families struggling with debt are not hit with...
Wife Can’t Claim Innocent Spouse Relief on IRS Tax Liability
Bloomberg Law· 4 days agoKiran Rawat sought that relief from tax liability the IRS had levied against her and her husband, Raghvendra Singh, for the 2010 < ...
Man Liable for Taxes From Wife’s $100 Million Stock Option Sale
Bloomberg Law· 1 day agoThe IRS assessed a $39.8 million tax deficiency for Mark and Bernee Strom over Bernee’s failure to report over $100 million of stock options in 2000 from ...
8 States To Move to If You Don’t Want To Pay Taxes on Social Security
GoBankingRates via AOL· 3 days agoNot all states tax equally. In fact, some states impose a tax on the money you withdraw from Social...
Case: IRS’s Position in Disallowing NFTL Refund Was Substantially Justified, Petitioner Not Entitled...
Bloomberg Law· 1 day agoTax Court held in a memorandum opinion. Proceeds from the sale of Petitioner’s home were used to satisfy an NFTL for unpaid tax liabilities stemming from ...
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related to: tax relief irstaxreliefcenter.org has been visited by 10K+ users in the past month