— The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2024-14 to provide guidance related to the New, Previously Owned and Qualified Commercial Clean Vehicle Credits.
From
— The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-13 related to the tax treatment of work-life referral services provided to employees under an employer’s work-life referral program.
— With the April tax filing deadline here, the Internal Revenue Service highlighted a variety of improvements that dramatically expanded service for millions of taxpayers during the 2024 filing season.
— With the April tax deadline arriving next week, the Internal Revenue Service today reminded millions of last-minute tax filers that the agency has a variety of free tools and resources available on IRS.gov.
— The Department of Treasury and Internal Revenue Service today corrected Appendix A and Appendix B of Notice 2024-20 to add additional eligible census tracts for the qualified alternative fuel vehicle refueling property credit.
— With the April 15 tax filing deadline fast approaching, the Internal Revenue Service reminds taxpayers who need more time to file their return that receiving an extension is quick and easy through IRS Free File on IRS.gov.
— The Internal Revenue Service wraps up the 2024 Dirty Dozen campaign with a warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed to reduce or avoid taxes altogether.
From
In light of the continuing challenges taxpayers are facing with the corporate alternative minimum tax, the IRS granted a waiver of the addition to tax for failure to pay estimated corporate AMT “in the interest of sound tax administration.”
The IRS winds up its annual list of 12 scams and schemes by covering two broad categories: bogus tax-avoidance strategies and schemes with an international element.
Two sets of proposed regulations issued by the IRS provide guidance on the implementation of the new excise tax and on rules for the procedure and administration applicable to the reporting and payment of the tax.
The IRS said it will not include the rebates provided under the Inflation Reduction Act of 2022 in individual purchasers’ gross income or in the cost basis of the property purchased.
In a letter to the Treasury secretary and the FinCEN director, the AICPA called for enforcement of beneficial ownership information reporting regulations to be suspended until after lawsuits are settled.
This term, the Supreme Court will answer the questions regarding the estate tax treatment of life insurance proceeds received by a closely held business and its shareholder redemption obligations. It heard oral arguments last week.
Another worker at a U.S.–Australia joint defense facility fails to nullify a closing agreement waiver.
From
Originally charged after 190 decomposing bodies were found at their Colorado funeral home, the couple now face federal charges that they fraudulently obtained $880,000 in relief funds.By Jesus Jiménez
A dozen red roses is timeless. But its price tag is not. At Ditmars Flower Shop in Queens, where costs have soared in recent years, a bouquet is $72, up from $60 in 2019.By Stefanos Chen and Adrienne Grunwald
Rosior, a family business, does not even use computer design programs.By Abigail R. Esman
An agreement by Visa and Mastercard to cap swipe fees could save merchants billions. The question is how much it will help consumers.By Santul Nerkar
The nation’s highest state minimum wage for fast-food workers takes effect on Monday. Owners and employees are sizing up the potential impact.By Kurtis Lee
The lack of legal dispensaries and the overwhelming proliferation of illegal ones are the biggest concerns of the rollout three years after legalization.By Ashley Southall
Most Latinos are not rootless, illegal transients as some citizens may think, but a force for American progress.By Marie Arana
From
Here are some examples of how you can take advantage of the changes within Industry 4.0.
Beyond setting the tone for the rest of your day, an intentional morning ritual can also benefit the people you lead.
Contractors who work with yacht owners have the absolute obligation to protect the asset's hardware, software, information and identity with the best technology and knowledge possible.
Generative AI in the manufacturing sector is reshaping how products are designed, produced and delivered to customers.
While a tough market does make it more difficult for entrepreneurs to secure funding, a well-thought-out plan to entice investors can help.
Is the fear of change limiting your environmental impact? Here are some strategies for overcoming it.
Get results on LinkedIn as a thought leader by doing outreach right. Use these powerful ChatGPT prompts to strengthen your connections and make valuable new ones.
From
The White House says China uses subsidies and government programs to undercut U.S. steel. President Biden wants to triple tariffs on the imports and take other new steps to curb imports.
Volkswagen workers in Chattanooga, Tenn., are voting this week on whether to join the United Auto Workers union. Two previous attempts to unionize the plant failed. Ballots will be counted on Friday.
Anti-vaccine activists, far-right groups and some religious conservatives convened in Las Vegas this spring to discuss the creation of a parallel economy. These are groups who believe their speech is threatened by big banks and big tech. On today's show, what is a "freedom economy," and how would it work?
Burnt out much? A study links working late, or variable shifts with health problems later in life. Maybe it's time to quit hustle culture for good.
NPR has suspended Senior Editor Uri Berliner after he wrote an essay accusing the public radio network of becoming too progressive in its news coverage and losing the public's trust.
Crypto investors are getting excited about an upcoming quadrennial event called the halving that will effectively reduce the supply of new bitcoin in half. Here's what it all means.
Two Boeing engineering executives went into detail Monday to describe how panels are fitted together, particularly on the 787 Dreamliner.