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If the IRS owes you money from the third stimulus check that went out in 2021, you can still get those funds in 2022.

If you had an issue with a child tax credit payment that wasn''t resolved, there are a few ways to contact the IRS.

IRSA: This Real Estate Company Is Trading At 15% Of Its NAV

For the last few years, Emily Salveson has been touting a new model for investing in film. In interviews and in public appearances, she has said that the model was able to “solve the problem of risk” for investors. It’s a pitch that’s been heard before in the film industry, and it tends to end […]

THIEVES and hackers are increasing their efforts to steal money and data from taxpayers this Christmas season by posing as IRS officials in elaborate phishing scams. In a statement, the IRS said The combination of the holiday shopping season, the upcoming tax season and the pandemic create additional opportunities for criminals to steal sensitive personal []

With the tax-filing season round the corner, you may be gearing up to prepare and file your income taxes. In the US, the tax filing season typically starts on January The post What to Do If You Owe Taxes to the IRS appeared first on IdeasPlusBusiness .

The post IRS Extends Hurricane Ida Tax Filing Deadlines, Again appeared on BitcoinEthereumNews.com . You have to like this news if you live in one of six states that were impacted by Hurricane Ida. Back in September, the IRS extended the Oct. 15 tax

Seyfarth Synopsis: The IRS has announced the adjustment to the applicable dollar amount for the Patient-Centered Outcomes Research Institute (PCORI) Fee for 2022. By: Seyfarth Shaw LLP

On December 17, 2021, the IRS released Private Letter Ruling 202150003 where it concluded that a Taxpayer would not violate the normalization rules if it ratably amortized its Protected EDIT (defined below) pursuant to an updated depreciation study. Normalization is, of course, required under section 168(i)(9) in order for public utilities to use accelerated depreciation. By: Eversheds Sutherland (US) LLP

Fourteen years after New Rochelle resident Philip Colasuonno was convicted of tax fraud, the government is still trying to collect the employee payroll taxes he dodged. The post IRS tries to collect $2.5M Colasuonno tax fraud debt appeared first on Westfair Communications .

Acting to clarify the practical impact of a COVID relief provision enacted earlier this year, the IRS has announced in Notice 2022-1 (Notice) that lenders are not required to, and should not, issue Forms 1099-C when certain student loans are discharged. Lenders and their servicers should act now to review their tax reporting procedures for compliance with the Notice... By: McGlinchey Stafford

Elon Musk Is Apparently "Almost Done" Selling Stock, But Not Quite Finished Yet We pointed out yesterday that Tesla was rallying on news that Elon Musk had said he was finished selling stock during an interview earlier this week with The Babylon Bee. Now, it seems like Elon isn''t quite as sure. The Tesla CEO said on Twitter Wednesday that, instead, he was "almost done" selling stock. "This assumes completion of the 10b sale," Musk Tweeted on Wednesday. "There are still a few tranches left, but almost done," he continued. Musk has sold over $15 billion in stock in a month, Reuters reported on Thursday. He sold another 583,611 shares on Tuesday, which brought his total to 13.5% million shares, or about 80% of what he originally intended to sell, Reuters reported Wednesday morning. "I sold enough stock to get to around 10% plus the option exercise stuff and I tried to be extremely literal here," Musk said in his Tuesday night interview, while sipping a White Claw. Musk also commented that he needed to exercise options that were expiring next year "no matter what." "California used to be the land of opportunity and now it is becoming more so the land of sort of overregulation, overlitigation, overtaxation," he also said during his interview.

What kept low- and moderate-income families with children afloat in 2021 as COVID-19 variants battered their world and soaring prices bore down on them? The Child Tax Credit. Throughout 2021 this lifesaving program based in the IRS provided families with a monthly payment of $300 per child under age 6 and $250 for each child []

Seyfarth Synopsis: The IRS has released final instructions for completing Forms 1094-C and 1095-C for 2021. Notably the instructions provide that the due date for furnishing Form 1095-C to individuals is extended to March 2, 2022. As expected, the instructions no longer offer penalty relief for good faith incorrect or incomplete filings and Form 1095-C has been modified to add new codes 1T and 1U for individual coverage HRAs offered to the employee and spouse but not dependents. By: Seyfarth Shaw LLP

Tesla Pops 4% After Musk Says He Has "Sold Enough Stock" For those wondering when Elon Musk would stop slamming the bid on his own company''s stock, it looks as though the time may have finally come. Tesla shares are popping 4% in the pre-market session on Wednesday after Musk commented on a Tuesday night Babylon Bee interview that he had "sold enough stock" to reach his plan to offload 10% of his shares in the company. Musk sold another 583,611 shares on Tuesday, which brought his total to 13.5% million shares, or about 80% of what he originally intended to sell, Reuters reported Wednesday morning. "I sold enough stock to get to around 10% plus the option exercise stuff and I tried to be extremely literal here," Musk said in his Tuesday night interview, while sipping a White Claw. Musk also commented that he needed to exercise options that were expiring next year "no matter what." "California used to be the land of opportunity and now it is becoming more so the land of sort of overregulation, overlitigation, overtaxation," he added.