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Municipal – Taking – Taxes | Massachusetts Lawyers Weekly

Municipal – Taking – Taxes | Massachusetts Lawyers Weekly
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IRS lengthens lookback period for tax refund claims during pandemic

The service is giving taxpayers more time to file tax refund claims for tax returns they filed earlier in the pandemic. ....

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How to Retire Early

To retire early, you must be financially prepared and organized for the many years that lay before you. Find out how you can retire early. ....

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IRS Revises Form 1024; Annual Revenue Procedures; New Issue Snapshot; Deducting Charitable Contributions: Understanding Your Responsibilities | Bryan Cave Leighton Paisner

IRS revises Form 1024, Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code, as part of ongoing efforts to improve service - . ....

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Amazon.com, Inc. (NASDAQ:AMZN), (DASH) - COVID Relief Bill Could Trigger Larger Tax Bills For Gig Workers

Walmart Marketplace (NYSE: WMT) and even
Amazon (NASDAQ: AMZN) could find themselves with tax issues in 2022 thanks to a change in Internal Revenue Service tax codes contained within the American Rescue Plan Act of 2021.
The $1.9 trillion COVID relief bill that just passed the U.S. House and Senate and is expected to be signed into law by President Joe Biden by this weekend amends Section 6050W of the IRS code to require reporting for any transactions that exceed $600 in gross sales through a 1099-K form.
This change means not only are workers required to claim this income on their taxes (as currently required), but any business that pays them, such as ....

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