The IRS has published a private letter ruling on Section 1362, concluding that the event causing the termination of the taxpayer’s S corporation election was not reasonably within the control ...
The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...
On December 17, 2024, the House Ways and Means Committee and the Senate Finance Committee presented two bills – the Paperwork Burden Reduction Act ...
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