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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

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The Tax Adviser

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Taxpayer Advocate Service

TAS Pre-Filing Season Montana

Fri, Sep 24, 2021

x The post TAS Pre-Filing Season Montana appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Take certain corrective actions by October 4, to affect future Advance Child Tax Credit Payments

Thu, Sep 23, 2021

If you are receiving monthly advance payments of the Child Tax Credit, you can make certain changes in the Child […] The post TAS Tax Tip: Take certain corrective actions by October 4, to affect future Advance Child Tax Credit Payments appeared first on Taxpayer Advocate Service. ...

NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part II

Wed, Sep 22, 2021

NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part II Even though the 2021 filing […] The post NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part II appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Create an Online Account to View your Balances, Make Payments, Get Transcripts, and More.

Tue, Sep 21, 2021

The IRS offers an online account application for individual taxpayers. With online account access, you can view: The total amount […] The post TAS Tax Tip: Create an Online Account to View your Balances, Make Payments, Get Transcripts, and More. appeared first on Taxpayer Advocate Service. ...

NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part I

Tue, Sep 21, 2021

NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part I   Good news: The IRS […] The post NTA Blog: Bumps in the Road Sequel: Update on the Filing Season Challenges: Part I appeared first on Taxpayer Advocate Service. ...

Success Story: Taxpayer Advocate Service Helps Taxpayer Resolve 15 Years of Hardship

Mon, Sep 20, 2021

Every year the Taxpayer Advocate Service (TAS) helps thousands of taxpayers with tax problems. This success story is only one […] The post Success Story: Taxpayer Advocate Service Helps Taxpayer Resolve 15 Years of Hardship appeared first on Taxpayer Advocate Service. ...

NTA Blog: Lifecycle of a Tax Return: Correspondence Audits: Increased Communication Alternatives Are in Progress

Wed, Sep 08, 2021

NTA Blog: Lifecycle of a Tax Return: Correspondence Audits: Increased Communication Alternatives Are in Progress   In my 2020 Annual Report to […] The post NTA Blog: Lifecycle of a Tax Return: Correspondence Audits: Increased Communication Alternatives Are in Progress appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Additional help is now available for visually impaired and other taxpayers with disabilities

Thu, Sep 02, 2021

The Internal Revenue Service (IRS) Policy Statement 1-47, Reasonable Accommodations for People with Disabilities (see IRM 1.2.1.2.12), requires the IRS […] The post TAS Tax Tip: Additional help is now available for visually impaired and other taxpayers with disabilities appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Answers to your questions about premium assistance for COBRA benefits

Wed, Sep 01, 2021

Earlier this year, the IRS issued Notice 2021-31, Premium Assistance for COBRA Benefits, outlining the temporary premium assistance included in […] The post TAS Tax Tip: Answers to your questions about premium assistance for COBRA benefits appeared first on Taxpayer Advocate Service. ...

NTA Blog: TAS Facing Similar Challenges as the IRS: Processing Delays and Low Level of Service

Wed, Sep 01, 2021

NTA Blog: TAS Facing Similar Challenges as the IRS: Processing Delays and Low Level of Service As the National Taxpayer […] The post NTA Blog: TAS Facing Similar Challenges as the IRS: Processing Delays and Low Level of Service appeared first on Taxpayer Advocate Service. ...

Fox Business

FedEx labor crunch gut punch to economic recovery

Sat, Sep 25, 2021

FedEx's labor shortage is having dire consequence's along the company's supply chain....

Cryptocurrency trading mixed, day after China crackdown

Sat, Sep 25, 2021

Bitcoin was trading 0.54% lower early Saturday, one day after Chinese regulators said all crypto-related activities are illegal....

Acceleron in advanced talks for $11B sale

Sat, Sep 25, 2021

U.S. drugmaker Acceleron Pharma Inc is in advanced talks to be acquired by a large pharmaceutical company for more than $11 billion, Bloomberg News reported on Friday, citing people familiar with the matter....

Electric-car shift drains fuel taxes in some countries

Sat, Sep 25, 2021

Governments around the world have long encouraged motorists to buy electric cars. Now they are starting to grapple with a consequence of the green drive: dwindling income from fuel taxes....

Investors bet environmental fears will crunch commodity supply, lifting prices

Sat, Sep 25, 2021

Investors are ramping up wagers that a global push to lower carbon emissions will hamper commodity production, pushing up prices for everything from natural gas to aluminum....

Stocks finish mixed after China's Evergrande misses payment

Fri, Sep 24, 2021

U.S. stock indexes finished mixed on Friday as worries continued to swirl over the fate of embattled Chinese property developer Evergrande....

Bitcoin, Ethereum, XRP tumble on China crackdown

Fri, Sep 24, 2021

Bitcoin and other cryptos are crumbling as China flexes its muscle against digital currencies once again....

China Evergrande auditor gave clean bill of health despite debt

Fri, Sep 24, 2021

Last year as China Evergrande Group’s stock and bond prices seesawed, it offered deep discounts to keep sales growing during the pandemic and the government effectively said it had borrowed too much....

IPO market not 'slowing down' anytime soon: Expert

Fri, Sep 24, 2021

Mike Murphy believes the IPO market is booming, and "the key" is that it's not slowing down....

China’s central bank calls cryptocurrency-tied deals illegal, bitcoin drops

Fri, Sep 24, 2021

The People’s Bank of China on Friday called cryptocurrency-tied deals in the country illegal, sending Bitcoin, Ethereum, and XRP reeling....