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A service for finance industry professionals · Tuesday, December 24, 2024 · 771,671,559 Articles · 3+ Million Readers
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Internal Revenue Service News Monitoring

  • Published on Dec 23, 2024

    IRS Deems Crypto Staking Taxable Despite Legal Challenge

    The U.S. Internal Revenue Service (IRS) has firmly maintained its position that cryptocurrency staking rewards are subject to income tax immediately upon receipt, according to a recent Bloomberg report. This declaration is pivotal, especially amidst a high …

    Source: Wall Street Pit - Label Pending
  • Published on Dec 23, 2024

    Phony tax forms nail accountant for mortgage fraud

    In a case involving phony documents and unpaid taxes, a prominent Washington, D.C.-based accountant pleaded guilty last week for making false statements on a mortgage application after failing to file IRS returns. A certified public accountant with …

    Source: National Mortgage News - Label Pending
  • Published on Dec 23, 2024

    Didn’t get a stimulus check? You might be getting $1,400 from the IRS.

    The Internal Revenue Service said last week it will issue “special payments” to upward of 1 million people who did not receive all of their stimulus money during the coronavirus pandemic. The payments — the amount of which will depend on several factors, …

    Source: The Portland Press Herald - Maine - Neutral
  • Published on Dec 23, 2024

    IRS Declares Crypto Staking Rewards Taxable Amid Lawsuit

    The Internal Revenue Service (IRS) has clarified its stance on the taxation of cryptocurrency staking rewards, stating that such rewards are taxable upon receipt. The announcement comes amid an ongoing lawsuit filed by crypto investor Joshua Jarrett.  …

    Source: Coingape - Neutral
  • Published on Dec 23, 2024

    Judicial Follies: Life imitates art

    In a 2008 case, the Iowa Court of Appeals had to resolve the ownership of property in a divorce case involving a couple named Brian and Rebecca Gall. (No jokes, please, about whether the court had the “gall” to do this or that.) One of the assets in …

    Source: Ukiah Daily Journal - Label Pending
  • Published on Dec 23, 2024

    The National CIO Review Honors Dave Hatz as the 2024 CIO Cup™ Recipient

    Atlanta, GA -- The National CIO Review, in partnership with the Executive Council of the CIO Professional Network, is proud to announce Dave Hatz as the recipient of the 2024 CIO Cup™. Now in its fifth year, this prestigious award celebrates technology …

    Source: Big Technology - Neutral
  • Published on Dec 23, 2024

    Didn't claim a stimulus tax credit? You may get $1,400

    Eligible Arizonans and other Americans who did not claim the the Recovery Rebate Credit in 2021 could be getting money back from the Internal Revenue Service within the next few weeks. The IRS announced plans to issue the pandemic-related payments starting …

    Source: AZ Central - Arizona - Neutral
  • Published on Dec 23, 2024

    IRS is sending unclaimed stimulus checks to 1 million taxpayers. How to find out if you’re one of them

    Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

    Source: The Independent - Center-left
  • Published on Dec 23, 2024

    Native Hawaiian Contractor Chris Dawson Has Died While Under Investigation

    Christopher Dawson, the founder of the Dawson family of companies, died by suicide as he faced potential criminal charges for alleged financial crimes. Editor’s note: At Civil Beat, as at many other news publications, we do not typically cover suicides …

    Source: Honolulu Civil Beat - Hawaii - Center-left
  • Published on Dec 23, 2024

    Portsmouth have fourth owner this season

    Portsmouth have a fourth owner within six months after a takeover by Balram Chainrai, a Hong Kong businessman, was confirmed yesterday - and the club could have a fifth before the season is out. Portpin, Chainrai's company, have taken a controlling …

    Source: The National News - Label Pending
  • Published on Dec 23, 2024

    No royal treatment for Thai princess at Asian Games

    INCHEON // The Thai princess taking part in the Asian Games insisted she is treated just like any other athlete after she made her debut in the dressage competition on Saturday. Princess Sirivannavari Nariratana, whose horse is named Prince …

    Source: The National News - Label Pending
  • Published on Dec 23, 2024

    The Sachin Tendulkar timeline

    1973 Born April 24, Mumbai. 1988 Scores 100 not out in his first first-class match for Bombay against Gujarat in the Ranji Trophy becoming the youngest cricketer to score a century on his first-class debut, aged 15 years and 232 days. 1989 Makes Test debut …

    Source: The National News - Label Pending
  • Published on Dec 23, 2024

    Corniche Hospital raises cost of having a baby by Dh8,500

    ABU DHABI // The capital's major maternity hospital, where expectant mothers from across the UAE have flocked for years, has made its delivery fees several times higher, forcing some families to pay thousands to settle their bills. Although …

    Source: The National News - Label Pending
  • Published on Dec 23, 2024

    House ethics panel accuses Matt Gaetz of paying for sex and using drugs

    The Ethics Committee of the House of Representatives on Monday accused Matt Gaetz of “regularly” paying for sex, including with a 17-year-old girl, and purchasing and using illicit drugs all while the Florida Republican was a member of Congress. The 37- …

    Source: The National News - Label Pending
  • Published on Dec 23, 2024

    Yes, the IRS is sending out unclaimed stimulus payments

    Approximately 1 million taxpayers will automatically receive special stimulus payments of up to $1,400 from the IRS via direct deposit or check by late January 2025. During the COVID-19 pandemic, Congress passed three bills that included stimulus checks, …

    Source: WHAS 11 - Kentucky - Neutral
  • Published on Dec 23, 2024

    1M taxpayers to get up to $1,400 from IRS

    The Internal Revenue Service will give about a million taxpayers a surprise $1,400. The IRS will distribute $2.4 billion to people who did not claim a Recovery Rebate Credit on their 2021 tax returns, The Associated Press reported. They were supposed to …

    Source: WFTV - Florida - Label Pending
  • Published on Dec 23, 2024

    San Diego Business Owner Pleads Guilty to Bribing an IRS Officer to Wipe Away Tax Debt

    December 23, 2024 – SAN DIEGO, CA – Business owner Wahead Raz pleaded guilty in federal court on Thursday, December 19, admitting that he paid an Internal Revenue Service officer $35,000 to wipe away his half million-dollar tax debt. On July 23, 2024, Raz …

    Source: Sierra Sun Times - Label Pending
  • Published on Dec 23, 2024

    IRS proposes new requirements for tax pros

    Technological competency and outdated provisions are two areas refreshed by proposed regulations from the Treasury Department and the Internal Revenue Service for certain tax pros who practice before the IRS. The proposed regulations, if finalized, would …

    Source: Accounting Today - Neutral
  • Published on Dec 23, 2024

    Who is eligible for the 'special' $1,400 stimulus payment that 1 million Americans will receive?

    Americans are facing the struggle for higher prices, specifically in food and housing, even though the country's economy has improved, so any support program or surprise payments are a great relief for their finances, especially at this time of year. …

    Source: MARCA - Neutral

08 days 15:06:01

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