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...Items Giving Rise to Deficiency, Not Eligible for Innocent Spouse Relief Under Equitable Factors...
Bloomberg Law· 6 days agoPetitioner was not eligible for equitable relief under I.R.C. §6015(f) from tax liabilities on jointly filed returns, the U.S. Tax Court ...
Case: IRS’s Position in Disallowing NFTL Refund Was Substantially Justified, Petitioner Not Entitled...
Bloomberg Law· 5 days 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 ...
Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 3 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
Yuba County man pleads guilty to COVID-19 relief fraud, to pay back millions taken
ABC 10 Sacramento· 3 days agoJason Toland, 43 from Wheatland, tried to get more than $13.4 million in COVID relief funds by...
In Innocent Spouse Tax Cases, How You Tell Your Story Matters | JD Supra
JD Supra· 7 days agoRead the full Bloomberg Law article or view it below. Married people who file their taxes jointly typically choose this option because of its tax advantages. A 2024
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra...
Fortune via Yahoo Finance· 5 days agoIn other words, as...changing the current law so that families struggling with debt are not hit with...
Man Liable for Taxes From Wife’s $100 Million Stock Option Sale
Bloomberg Law· 4 days 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 ...
Yuba County, California Man Pleads Guilty to Submitting False Claims Against the United States in...
Sierra Sun Times· 7 days agoAttorney Phillip A. Talbert announced. According to court documents, Toland attempted to obtain a...
These Trusts Can Help You Avoid Estate Taxes
SmartAsset via Yahoo Finance· 4 days agoEstate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue.
What Is the Earned Income Tax Credit, and How Does It Work?
Modesto Bee· 5 days agoWhen you file taxes every year, it’s crucial to check which tax credits you may qualify for because they can decrease your bill or boost your refund. One of the most popular ...
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related to: tax relief irs