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17 Nov 2023, 7:00 am
An S Corporation is a type of corporation that meets specific Internal Revenue Service (IRS) tax code requirements. [read post]
16 Nov 2023, 9:00 pm
Kraken, the well-known cryptocurrency exchange, has been ordered by a federal court to disclose customers’ personal information and transaction data to the Internal Revenue Service (IRS). [read post]
16 Nov 2023, 9:00 pm
A federal court recently ordered Payward Ventures Inc. and its subsidiaries, which operate the Kraken cryptocurrency exchange, to comply with a “John Doe” summons issued by the Internal Revenue Service (IRS) in 2021. [read post]
16 Nov 2023, 9:00 pm
In its efforts to crack down on cryptocurrency-related tax evasion, the Internal Revenue Service (IRS) has relied heavily on “John Doe” summonses in recent years. [read post]
16 Nov 2023, 10:12 am
Upon being notified that his scheme and application have been discovered and that his use of the marks violated Plaintiffs’ rights, Ramirez denied that he is currently offering the very services he has sworn, under oath, that he is offering, stating that he has no intention to keep the names of the companies he has registered, seeking to use the companies he has formed to obtain service of process for his lawsuits, and threatening to file allegations with the IRS,… [read post]
16 Nov 2023, 9:37 am
Tax Bracket Creep Will Continue to Drive NJ Income Tax Bills Higher As the Internal Revenue Service (IRS) announced changes to federal income tax brackets to protect workers from inflation, Senator Anthony M. [read post]
16 Nov 2023, 8:10 am
On October 19, 2023, the Internal Revenue Service (IRS) announced a limited-time “withdrawal option” for businesses that improperly claimed the Employee Retention Credit (ERC). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 9:49 pm
Before the state of California gives him any of his winnings, 24 percent—$239.4 million—will be withheld and sent directly to the Internal Revenue Service (IRS).[5] In addition, because the highest federal income tax rate is 37 percent, an additional 13 percent—$129.7 million—will be due in April 2023.[6] After these federal tax payments are made, Mr. [read post]
15 Nov 2023, 9:59 am
In response to inflationary concerns, the Internal Revenue Service (IRS) has increased its inflation adjustment from 2023. [read post]
15 Nov 2023, 8:38 am
Diving into IRS Nonprofit Designations The Internal Revenue Service (IRS) recognizes several types of tax-exempt organizations. [read post]
14 Nov 2023, 2:00 pm
IRS has released 2024 cost-of-living adjustments to retirement plan limits and their applicable contribution/benefits thresholds. [read post]
14 Nov 2023, 2:00 pm
The Internal Revenue Service recently announced its 2024 inflation adjustments to many retirement plan limits. [read post]
14 Nov 2023, 11:30 am
The IRS recently announced the dollar amounts that employers will need to know in order to administer their benefit plans for 2024. [read post]
12 Nov 2023, 10:00 pm
The US Internal Revenue Service has announced that the annual gift tax exclusion is increasing in 2024 due to inflation. [read post]
