News

My mother-in-law, 95, has $400K in stocks. Would it be smarter taxwise to gift it to her kids - or leave it to them in her will?
Your mother-in-law has waited this long. She should hold onto the stock.
The Atlanta Journal-Constitution4h
Feds say Georgia tax preparer’s fraud likely cost the U.S. millions Feds say Georgia tax preparer’s fraud likely cost the U.S. millions
Years of fraud by a Georgia tax return preparer has likely cost the IRS millions of dollars, the Justice Department says in a lawsuit seeking to put her out of business.
Arabian Post on MSN6h
Court’s Digital Privacy Test: IRS Crypto Data Seizure
At issue is whether the longstanding third‑party doctrine—under which individuals forfeit Fourth Amendment privacy protections by sharing data with third parties—remains valid in the digital age.James ...
Want to be in the top 1%? It's easier in Mississippi. See where you need a million dollars
How much do you need to earn to be in the top 1%? It's easy in Mississippi, by comparison. What to know about pay, where ...
EXCLUSIVE: Watchdog wants IRS to take hard look at anti-ICE nonprofit raking in Chinese cash
A watchdog group is challenging the tax-exempt status of a nonprofit that’s raked in cash from Chinese government-linked ...
American Banker1d
Trump remittance tax would spell trouble for banks
The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial ...
Soy Nómada on MSN1d
This June 15 is the last day for thousands to pay taxes to the IRS
The IRS reminds taxpayers that June 16 is the deadline for the second quarterly estimated tax payment for fiscal year 2025.
Soy Nómada on MSN2d
IRS to Pay $2,939 Tax Refunds by June 15
As the deadline approaches, the IRS is set to issue tax refunds of up to $2,939 by June 15. Eligible taxpayers who filed ...
Senate Confirms Billy Long As The Next IRS Commissioner
The U.S. Senate has confirmed former U.S. Representative Billy Long of Missouri as the next commissioner of the Internal ...
Ex-congressman Billy Long confirmed as commissioner of the IRS, an agency he once sought to abolish
Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought ...
Accounting Today4d
Billy Long confirmed as IRS commissioner
The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and ...