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A service for finance industry professionals · Tuesday, December 24, 2024 · 771,669,098 Articles · 3+ Million Readers
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Internal Revenue Service News Monitoring

  • Published on Dec 20, 2024

    FCT-IRS generates N252bn revenue

    The acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Michael Ango, has disclosed that the agency generated over N252bn in 2024 as of the close of business on December 18. The Chairman stated this at an end-of-year …

    Source: Punch - Uncategorized
  • Published on Dec 20, 2024

    The Latest: House rejects Trump-backed plan on government shutdown, leaving next steps uncertain

    WASHINGTON (AP) — President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — days before a deadline when federal …

    Source: Pique Newsmagazine - Label Pending
  • Published on Dec 19, 2024

    Five Developments Family Offices Are Watching in 2025

    As family offices continue to adapt to economic, financial, and technological changes, several ongoing developments are giving family offices plenty consider heading into 2025, including gift and estate tax exemptions, which are set to half at the start of …

    Source: JD Supra - Label Pending
  • Published on Dec 19, 2024

    Ammon Bundy says he hasn't paid income taxes since 2018

    Anti-government activist Ammon Bundy wrote in court filings he hasn’t paid income tax to state and federal governments since 2018. The amended application in his Chapter 7 bankruptcy case shows Bundy owes the Internal Revenue Service and the states of …

    Source: Boise State Public Radio - Idaho - Neutral
  • Published on Dec 19, 2024

    We’ll enforce entertainment tax on clubs, hotels in Abuja- FCT-IRS

    By Sarah NEGEDU The Federal Capital Territory Administration said it will be enforcing the 5 percent Entertainment Tax in 2025, so as to enable the administration meet its huge revenue obligations. To this end, the consumers will be required to pay a 5 …

    Source: Abuja Inquirer - Neutral
  • Published on Dec 19, 2024

    What’s affected if the federal government shuts down? What we can VERIFY

    Will airports and post offices remain open? We VERIFY what would be impacted during a partial government shutdown. On Dec. 18, President-elect Donald Trump abruptly condemned a bipartisan plan to prevent a looming partial government shutdown. He instead …

    Source: KIII - Texas - Neutral
  • Published on Dec 19, 2024

    Owner of Washington bikini barista stands sentenced to prison time

    The owner of a chain of bikini barista coffee stands in Washington has been sentenced to 10 months in prison and fined $75,000 for filing false tax returns, according to U.S. Attorney Tessa Gorman. Assad Baragzai, 47, of Yarrow Point, Washington, was …

    Source: My Northwest - Washington State - Neutral
  • Published on Dec 19, 2024

    Is it true that a $1,000 stimulus payment has just been approved for every US resident?

    In the times we live in, due to the immediacy of the digital world and the democratisation of access through different devices and platforms, there is often information that is disseminated with the sole purpose of confusing the population, and if it is …

    Source: MARCA - Neutral
  • Published on Dec 19, 2024

    California's 2024 tax brackets and what's ahead for 2025

    People still have until April 15 to contribute to their IRAs. SACRAMENTO, Calif. — With the new year fast approaching, a new tax year awaits. Californians should never wait too long to prepare for the filing deadline. To help prepare, here are some key …

    Source: KXTV, ABC 10 - California - Neutral
  • Published on Dec 19, 2024

    IRS mileage rate for business goes up 3 cents a mile in 2025

    A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 cents for the optional mileage rate for automobiles …

    Source: Detroit Free Press - Michigan - Label Pending
  • Published on Dec 19, 2024

    Sara Jacobs - Fact-check: Past government shutdowns cost the U.S. economy billions

    As Congress headed toward a potential pre-Christmas shutdown, some lawmakers warned that closing the government would not save taxpayer money. Rep. Sara Jacobs, D-Calif., criticized a push for mass cuts in federal spending by the Department of Government …

    Source: Politifact - Neutral
  • Published on Dec 19, 2024

    FCT-IRS rakes in N253bn in 2024

    The Federal Capital Territory Internal Revenue Service, FCT-IRS, has announced that it generated a total of N252.83 billion in internally generated revenue in 2024. The acting executive chairman of the service, Michael Ango, made this known at the 2024 end …

    Source: Daily Post - Neutral
  • Published on Dec 19, 2024

    Anambra’s monthly IGR rose to N5.2bn in 2024 — Soludo's aide

    Amara Oyeka, the Senior Special Assistant to the Anambra State governor, Prof. Chukwuma Soludo, on Internally Generated Revenue, has revealed that the state monthly IGR increased from N2.2 million in 2023 to N5.2 billion in 2024. Oyeka disclosed this on …

    Source: Punch - Uncategorized
  • Published on Dec 19, 2024

    Public Notices from the 12/18/24 Dale Hollow Horizon

    NOTICE From Twin Lakes Telephone Cooperative Corp. The Tennessee Public Utilities Commission designated Twin Lakes Telephone Cooperative Corp. (“Twin Lakes”) the “Eligible Telecommunications Carrier” for its service area for universal service purposes. The …

    Source: Deep Hollow Horizon - Tennessee - Neutral
  • Published on Dec 19, 2024

    Closures, Social Security checks, furloughs: What a shutdown might mean

    Congress has until midnight Friday to come up with a way to fund the government or federal agencies will shut down, meaning hundreds of thousands of federal employees could be sent home — or stay on the job without pay — just ahead of the holidays. Elon …

    Source: Daily Kos - Left-wing
  • Published on Dec 19, 2024

    This 401(k) Super Funding Limit Goes into Effect in the New Year

    Investing brusinski from Getty Images Signature and Yusuke Ide from Getty Images This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If you want to set aside more …

    Source: 24/7 Wall Street - Label Pending
  • Published on Dec 19, 2024

    Destinations International Announces Chelsea Dunlop Welter as Managing Director of Foundation

    Destinations International (DI), the world’s leading association representing destination organizations and convention and visitors bureaus (CVBs), is pleased to announce Chelsea Dunlop Welter as Managing Director of the Destinations International …

    Source: eTurboNews - Neutral
  • Published on Dec 19, 2024

    Kill the ‘non-profit killer’ bill

    Palestinian solidarity demonstrators protest at the University of Michigan, Oct. 13, 2023, in Ann Arbor, Mich. Many see the 'non-profit killer' bill as an attempt to silence the movement in support of Palestine, but its reach could go much further. …

    Source: People's World - Left-wing
  • Published on Dec 19, 2024

    What to Expect from an IRS Audit and How to Prepare

    Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate products and …

    Source: Business Insider - Neutral

08 days 15:18:34

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