by usoftax_admin | Aug 16, 2024 | Tax News
If the Tax Cuts and Jobs Act’s estate tax exemption increase is allowed to lapse in 2025, many family farms in the Midwest would face tough choices, including whether to sell to large corporations, panelists told the House of Representatives’ Ways and... by usoftax_admin | Aug 16, 2024 | Tax News
The Internal Revenue Service is opening its compliance assurance process real-time audit program to privately held C corporations, including foreign-owned ones, for 2025, the agency announced. by usoftax_admin | Aug 16, 2024 | Tax News
The Internal Revenue Service’s free electronic filing tax program, Direct File, will be available in North Carolina for the 2025 tax filing season, the IRS and U.S. Department of the Treasury announced Friday, and Maine is also planning to join. by usoftax_admin | Aug 16, 2024 | Tax News
A group of roughly two dozen states threw their support behind the federal government in asking the U.S. Supreme Court to overturn a ruling that forced the IRS to return a tax payment after a bankruptcy trustee argued it was a fraudulent transfer and recoverable under... by usoftax_admin | Aug 16, 2024 | Tax News
The Internal Revenue Service announced Friday that it is teaming with state tax agencies and tax industry representatives to create a task force to combat a growing number of scams and schemes targeting taxpayers. by usoftax_admin | Aug 16, 2024 | Tax News
The Internal Revenue Service published Friday the corporate bond monthly yield curve for August for use in calculations for defined benefit plans, as well as corresponding segment rates and other related provisions.