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IRS News Release: Filing, Payment Deadlines Postponed for Taxpayers Affected by Ohio Tornadoes (IRC...
Bloomberg Law· 1 day agoTax relief for individuals and businesses in Ohio that were affected by tornadoes that began on March 14, 2024, the IRS announced. These taxpayers now have until Sept. 3, 2024, ...
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...
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...
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
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Gannett via AOL· 1 day agoThe IRS said returns filed by individuals and tax preparers who knowingly claim a credit to which...
Man Liable for Taxes From Wife’s $100 Million Stock Option Sale
Bloomberg Law· 18 hours 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 ...
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 < ...
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 ...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 5 hours agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
Multiple people charged amid prostitution probe into Tolland's Electric Blue Cafe
NBC Connecticut· 2 days agoMultiple people have been charged in connection to a prostitution probe at Electric Blue Café in...
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