IRS Announces ABLE Account Final Regulations

Achieving a Better Life Experience (ABLE) accounts now have final regulations from the Internal Revenue Service. Published last Thursday, this is the latest in a series of recently published final regulations that address changes to programs and rules affected by the 2017 Tax Cuts and Jobs Act.… Read more about IRS Announces ABLE Account Final Regulations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Gives Details on Syndicated Conservation Easement Settlements

As we’ve mentioned before, the Internal Revenue Service has been fighting abusive tax shelters that use syndicated conservation easements as their main vehicle. More details have now been released on how their prosecution may unfold.… Read more about IRS Gives Details on Syndicated Conservation Easement Settlements (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Final Regulations for Business Meals and Entertainment Deductions Now Available

The Internal Revenue Service closed out September by announcing the publication of final regulations for the business-related entertainment deductions that were removed from section 274 by the Tax Cuts and Jobs Act.… Read more about Final Regulations for Business Meals and Entertainment Deductions Now Available (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Hurricane Sally Victims Get IRS Tax Relief

Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due.… Read more about Hurricane Sally Victims Get IRS Tax Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Spotlights Online Tax Resources for Small Business Week

The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.… Read more about IRS Spotlights Online Tax Resources for Small Business Week (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…