by usoftax_admin | Jan 10, 2025 | Tax News
A federal law designed to combat money laundering violates the U.S. Constitution by forcing lawyers to disregard attorney-client privilege, a Georgia lawyer told a federal court, joining a chorus seeking legal action to stop the law. by usoftax_admin | Jan 10, 2025 | Tax News
The Internal Revenue Service’s free electronic tax filing program, Direct File, will be available in Illinois when tax season begins this month, the Illinois Department of Revenue and Gov. JB Pritzker announced Friday. by usoftax_admin | Jan 10, 2025 | Tax News
The final regulations, which the IRS issued Friday, make several changes to the proposed regulations, including a higher dollar threshold for a basis increase in transactions of interest. by usoftax_admin | Jan 10, 2025 | Tax News
Taxpayers in Los Angeles County will have until Oct. 15 to file individual and business tax returns and make payments as the area deals with ongoing California wildfires, the Internal Revenue Service announced Friday. by usoftax_admin | Jan 10, 2025 | Tax News
The Internal Revenue Service and U.S. Treasury Department proposed guidance Friday regarding rules establishing automatic enrollment requirements for certain retirement plans under changes made by the Secure 2.0 Act. by usoftax_admin | Jan 10, 2025 | Tax News
The Internal Revenue Service will begin accepting and processing 2024 tax year returns on Jan. 27, the agency said Friday.