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KSM Adds Valuation Firm ValueKnowledge in Illinois
How AI is Reshaping the Future of Finance
EY Acquires HR Tech Consulting Firm Jubilant
BKR International Expands Middle East Footprint with New Member in Jordan
IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims
The agency further postponed until Aug. 7 various filing and payment deadlines for those affected by the Aug. 8, 2023, wildfires.
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Dividing a 401(k) in Divorce
Note that a QDRO may be used for qualified plans, like 401(k) or pension plans, but this option isn’t available for IRAs. IRAs are subject to other rules.
IRS on Track to Give Fewest Tax Refunds in at Least 15 Years, Data Shows
As of the week ending March 15, the IRS had issued just over 49 million tax refunds, close to 9% lower than at that point last year.
Tax Tips for the 2024 Filing Season from the AICPA
As taxpayers navigate the challenges of tax season, the AICPA wants individual filers to be aware of what’s new for this filing season.
IRS Launches Probe Into Fired Ohtani Interpreter’s Theft and Gambling Scandal
Ippei Mizuhara was implicated in a scandal involving illegal sports gambling and significant financial theft from the Dodgers superstar.
IRS: Time is Running Out to Collect Over $1 Billion in Tax Refunds For 2020
Nearly 940,000 Americans have unclaimed tax returns from 2020 and face a May 17 deadline if they want to get it back.
IRS Says Processing of New ERC Claims Likely to Resume This Spring
The IRS ordered an immediate moratorium on processing new ERC claims on Sept. 14, 2023, due to instances of widespread fraud.
IRS Expands Rules on Energy Communities and Production and Investment Credits
The Internal Revenue Service has issued Notice 2024-30 that expands certain rules for determining what an energy community is for the production and investment tax credits.