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United States: Excess Deductions Are Back! - Russell, Krafft & Gruber
08:12am, Monday, 29'th Nov 2021 Mondaq
This summer, the IRS issued interim regulations clarifying that excess deductions from a Trust or an Estate can pass out to beneficiaries. In the early fall, the IRS issued final regulations to the same effect.
Biden''s socialist Build Back Better bolstering IRS to ''spy'' on Americans'' bank accounts: Mace
01:53am, Monday, 29'th Nov 2021 Kwhen FinanceFinancially speaking: Year-end tax planning for shareholders of mutual funds & charitable giving
04:00pm, Sunday, 28'th Nov 2021 Troy Record
This is the second of a two-part series that pertain to year-end financial planning. The first column appeared a week ago Sunday in both The Record and The Saratogian. Prior to identifying those areas that can help you reduce your taxes regarding your mutual fund holdings, it is prudent to briefly review the IRS rules []
IRS Audits for Working Class, Tax Cuts for Rich The Biden Tax A Complete Waste of Money
05:57pm, Saturday, 27'th Nov 2021 Investment Watch Blog
President Joe Biden and Democrats are hoping to squeeze an extra $200 billion in tax revenue out of American taxpayers by mostly targeting working and middle class households with Internal
Georgia Man Sentenced For Filing False Liens Against Federal Government Officials
03:36pm, Saturday, 27'th Nov 2021 CBS Tampa
Hakim Amal Archible has been sentenced for filing false liens against federal government officials, including former IRS Commissioner John Koskinen and former U.S. Treasury Secretary Jacob Lew.
Billions in Crypto To Be Seized by IRS in 2022, Bloomberg Says
03:52pm, Friday, 26'th Nov 2021 U.Today
Internal Revenue Service (IRS) is going to seize ten-digit sums in digital assets in the coming year
Nov. 29 is the final day to make changes for the last child tax credit payment this year
03:35pm, Friday, 26'th Nov 2021 CNBC
Families who want to update or change payment information for the last child tax credit check of the year must do so by Nov. 29, according to the IRS.
Deadline set for plus-up stimulus checks worth up to $1400 are you eligible for final payment?
10:22am, Friday, 26'th Nov 2021 The Sun
PLUS-up stimulus checks worth $1,400 could be coming to an end soon so, when do they finish and are you eligible? The latest round of IRS stimulus payments are set to finish on December 31, 2021. The IRS is promising to pay out eligible recipients every week until the deadline, which was set in []
IRS announces interest rates will remain the same for the first quarter of 2022
03:23am, Friday, 26'th Nov 2021 Investment Watch Blog
The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. The rates are: Three (3) percent for individual overpayments
United States: IRS Sets Releases New Rules For Private Activity Municipal Bonds - Taft Stettinius & Hollister
12:13pm, Thursday, 25'th Nov 2021 Mondaq
On November 10, 2021, the IRS released Rev. Proc. 2021-45 setting forth calendar year 2022 methodologies for establishing private activity bonds volume cap (state ceiling)
IRS Guidance Clarifies Pandemic Rehiring Need Not Always Affect Retirement Benefits
10:33pm, Wednesday, 24'th Nov 2021 JD Supra
The IRS recently issued FAQs to address workforce issues and labor shortages resulting from the COVID-19 pandemic. The guidance seems to be in response to well-publicized labor shortages affecting schools and the education industry, although it is not limited to that industry. The FAQs reaffirm prior IRS guidance, but may give comfort to employers who are contemplating rehiring retirees as they try to manage workforce issues related to the pandemic. By: Morgan Lewis - ML Benefits
Pre-Thanksgiving ACA Reporting Relief Thats No Turkey
06:51pm, Wednesday, 24'th Nov 2021 JD Supra
Just three weeks ago, we wrote that employers likely would not receive certain Affordable Care Act reporting relief to which theyve become accustomed. But in a welcome turn of events, the IRS just released proposed regulations that make permanent a 30-day automatic extension for furnishing Forms 1095-B and 1095-C to individuals... By: Jackson Lewis P.C.
IRS Reports 25 Percent of Workforce Got COVID Vaccine After Biden Mandate Issued
05:32pm, Wednesday, 24'th Nov 2021 Newsweek
Monday was the deadline for 3.5 million federal workers to get their first COVID-19 shot, and 92 percent reported that they were at least partially vaccinated.
Biden''s monthly child tax credit payments will expire in 3 weeks for 35 million families if Congress doesn''t step in
03:57pm, Wednesday, 24'th Nov 2021 Business Insider
If Congress acts before the last payments on Dec. 15, the IRS may be able to quickly get the money to families like it did with stimulus checks.
From the Tax Law Offices of David W. Klasing - Does the IRS Have Access to Your Bank Accounts in the U.S. & Offshore?
11:37am, Wednesday, 24'th Nov 2021 PR Newswire
IRVINE, Calif., Nov. 24, 2021 /PRNewswire/ -- In today''s post 911 world, the value of privacy is at an all-time high. Many U.S. taxpayers simply do not realize how exposed their financials already may be, both to third parties and the federal government. Based on statements made recently
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