Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.
7don MSN
IRS issues major penalty relief
Beginning January 1, 2026, remittance transfer providers will be required to collect a 1 percent remittance transfer tax.
This marks the first step of the broader transition to electronic payments,” the IRS said in a statement. “The IRS will ...
Econostrum on MSN
IRS Issues Major Penalty Relief for Remittance Transfer Providers
In a recent announcement, the Internal Revenue Service (IRS) disclosed important details regarding its approach to the new ...
It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry.
Cryptopolitan on MSN
IRS issues interim guidance on corporate crypto tax, MSTR jumps 5.5%
Michael Saylor said Strategy doesn’t expect to be subject to the Corporate Alternative Minimum Tax (CAMT) due to unrealized gains on its BTC holdings.
The Internal Revenue Service (IRS) has highlighted several options for Americans who missed the April 15, 2025, federal tax-filing deadline, advising those who have yet to file and pay should do so as ...
Cases of online scams have been rising in recent years. While existing laws and IRS guidance suggest that victims can take a theft loss deduction on their income tax returns, it can get murky when ...
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