Particulars: IRS officers imagine that some taxpayers scale back taxes by disguising items from non-U.S. sources…
Tag: IRS
IRS Provides Technology-Skipping Switch Deadline Reduction After 16 Years
The 2001 process requires a taxpayer to indicate the IRS that the “taxpayer acted moderately and…
IRS Updates Overseas Life Insurer Yield Benchmark In Rev. Proc. 2024-20
Issuers of latest bonds could also be paying greater rates of interest, however low charges on…
What is the Way forward for IRS Direct File? GAO Needs to Know.
The IRS, in accordance with the report, instructed Congress in Could 2023 that it estimated the…
Debate: With Direct File, Is the IRS Inviting Battle of Curiosity?
The Inner Income Service has launched its Direct File tax preparation service to eligible taxpayers. The…
On 529-to-Roth IRA Rollovers, Advisors Await IRS Solutions, With a Shrug
If the IRS steering “is favorable to it, we’ll most likely see extra purchasers deliberately overfunding…
New IRS Letters Warn Excessive-Earnings Nonfilers: Pay Your Taxes Now, or Else
What You Must Know Taxpayers incomes $400,000 or extra have did not file federal returns in…
IRS Collected $500M From Rich Tax Cheats
The Inner Income Service continues to take “swift and aggressive motion” to rein in high-income tax cheats, recovering…
Debate: Has IRS Steerage Helped Make the Case for Emergency Financial savings Accounts?
Byrnes: The complicated steering solely exhibits employers that these “sidecar” emergency financial savings accounts are complicated…
Feedback Shut on IRS’ Excise Tax Plan for Donor-Suggested Funds
What You Must Know Proposed IRS rules purpose to stop the misuse of DAFs by implementing…