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The Latest Breaking News from IRS

A Tax Planning Cautionary Tale: Timing and Formalities Are Critical

A business owner learned the hard way (and at great cost) not to dawdle or cut corners when it comes to tax plans involving the sale of a business.

Kiplinger

New Roth 401(k) Contributions Rule Delayed by IRS: What To Know

The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.

Kiplinger

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system

The Independent UK

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Treasury, IRS roll out long-delayed crypto tax reporting rules - Roll Call

The Biden administration on Friday issued proposed regulations to implement a key revenue-raiser from the 2021 infrastructure law.

Roll Call

What is Donald Trump’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Tim Scott’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Asa Hutchinson’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

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What is Nikki Haley’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Doug Burgum’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Vivek Ramaswamy’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Chris Christie’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Mike Pence’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

What is Ron DeSantis’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

Republican debate: What is Vivek Ramaswamy’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Independent UK

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news in one place.

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Fortune

American Express National Bank has competitive APYs on CDs and high-yield savings accounts, but their checking is only available to cardholders

Savings accounts with APYs above 4%, plus a checking account that’s only available to cardholders.

Roll Call

Senate mulls going first on stopgap, supplemental funds package - Roll Call

Senators are quietly discussing the possibility of moving first on a stopgap spending and supplemental appropriations combo package.

The Independent UK

Republican debate: What is Vivek Ramaswamy’s net worth?

GOP contenders, with the notable exception of Donald Trump, are meeting in Wisconsin on Wednesday for their first public showdown as campaign season hots up

The Guardian - US

US businessman is wannabe ‘warlord’ of secretive far-right men’s network

Revealed: Charles Haywood, creator of the Society for American Civic Renewal, has said he might serve as ‘warlord’ at the head of an ‘armed patronage network’

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news in one place.

100’s of premium titles.
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The Independent UK

House Republicans subpoena IRS and FBI agents involved in Hunter Biden case

House Republicans have subpoenaed several FBI and IRS agents involved in the federal investigation into Joe Biden’s son Hunter Biden

Kiplinger

Is Tax Relief for Marijuana Businesses Coming?: Kiplinger Tax Letter

Marijuana businesses get tax relief in some states to help with their thorny income tax issues.

The Guardian - US

$80bn for the IRS? Fund the US taxman, but not like this

The Internal Revenue Service is woefully underfunded, and badly needs money – but Biden has made a PR blunder

Kiplinger

IRS Targets Unreported Foreign Accounts: Kiplinger Tax Letter

The IRS devotes significant resources to ensure timely reporting of overseas financial accounts.

Kiplinger

Experian to Pay $650K Fine for Spamming People

People seeking to freeze their credit data online were hit with unsolicited emails and no way to opt out.

Fortune

Ready to kick-start your retirement savings? Don't sleep on a Roth IRA

With a Roth IRA, you trade tax-deductible contributions for tax-free retirement income.

Roll Call

As Biden celebrates climate funding, Republicans eye the money - Roll Call

President Biden is marking the first year since enactment of climate, tax and health law, but much of the money has yet to be put to use.

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People

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