Apr 24, 2024 | News to Note
From CNBC — By Kate Dore — Certain heirs have to deplete inherited retirement accounts within 10 years due to a provision in the Secure Act. However, the rules have confused taxpayers and the IRS has again delayed penalties for missed required minimum distributions....
Apr 17, 2024 | News to Note
From GOBankingRates — By Dave Ramsey — There are a lot of tax myths floating around because many people do not understand how their taxes work. Some you may have heard from family, friends or even a social media influencer. In this article, GOBankingRates examines...
Apr 3, 2024 | News to Note
From Smithonian Magazine – By Kate McMahon — From mummified pharaohs to the Great Pyramid of Giza, ancient Egyptian iconography dominates the modern world. But few realize that the Egyptians also left behind a more practical legacy: taxes and the principles...
Mar 27, 2024 | News to Note
From the Federal Trade Commission — By Amy Hebert — As we continue our deep dive into scams by imposters, we’re taking a look at a new twist on tech support scams. Ever deal with a tech support scam? A warning pops up on your computer. It says your computer has a...
Mar 20, 2024 | News to Note
From CBS News – By Aliza Chasan — The IRS will target high-income earners who skipped out on filing federal income tax returns in more than 125,000 instances since 2017, the agency recently announced. They’re believed to owe, based on a conservative estimate,...
Mar 13, 2024 | News to Note
From Forbes – By Robert W. Wood — There is a lot of talk about crypto investors and tax compliance, but a yes or no question can be surprisingly important. The IRS is asking everyone about crypto transactions. A variation of this seemingly innocuous question appears...