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1. • 

     These Trusts Can Help You Avoid Estate Taxes

     SmartAsset via Yahoo Finance· 5 days ago

     Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue.

2. • 

     IRS Issues Proposed Foreign-Trust Regulations

     WealthManagement.com· 4 days ago

     On May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information reporting of...

3. • 

     Utah man sentenced for receiving more than $685K in fraudulent COVID-relief funds

     KTVX via Yahoo Finance· 7 days ago

     According to the DA...obtain money” through the submission of requests for Employee Retention Tax...

4. • 

     EXCLUSIVE: 'Investment By Multinational Industries Will Forever Change Cannabis,' Warns Expert

     Benzinga· 9 hours ago

     This week, President Joe Biden announced a landmark decision to reschedule marijuana, signaling a...

5. • Proposed Regulations May Mitigate Certain US Tax Reporting Obligations for Some US Taxpayers | JD...

     JD Supra· 7 days ago

     United States federal tax law imposes cumbersome reporting requirements on U.S. citizens and resident (US Person) recipients of such foreign...indexed for inflation) from ...

6. • Day Trader Sues US for $520,000 Refund Over Denied Tax Election

     Bloomberg Law· 4 days ago

     A 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 ...

7. • Wheatland man pleads guilty in COVID tax fraud scheme

     Appeal-Democrat, Marysville, Calif. via Yahoo Finance· 5 days ago

     May 16—Jason Toland, 43, of Wheatland pleaded guilty to one count of submitting false claims regarding federal COVID-19 pandemic tax credits, U.S. Attorney Phillip A. Talbert ...

8. • 

     You Made a Mistake in Your Taxes. Now What?

     The Wall Street Journal· 4 days ago

     Most taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...

9. • American families are struggling with debt. When it gets forgiven, the tax code treats it like extra...

     AOL· 5 days ago

     Turning American families’ forgiven debt into taxable income is simply unfair, and Americans are worried about the fairness of the federal tax code.

10. • 

      Oakland man gets federal prison for COVID-19 PPP loan fraud conspiracy

      CBS News· 1 day ago

      Frank Mosley was a tax enforcement officer for the city of Oakland and a formerIRS revenue officer...