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2024 Filing Season Could be Paperless, IRS Says

(JofA) - Treasury and the IRS announced Wednesday that by filing season 2024, taxpayers will be able to go paperless if they choose to do so. And by filing season 2025, the IRS will digitize all paper-filed returns when they are received.



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Lesson From The Tax Court: Gotta Get Physical For Casualty Loss Deduction 
(TaxProf Blog) - Individuals generally cannot deduct casualty losses, at least through the end of 2025. §165(h)(5). But Congress continues to permit individual taxpayers to deduct casualty losses if they are attributable to a federally declared disaster. Id.


Estate Planning Checklist: Five Tasks to Prioritize 
(Kiplinger) - Doing these things now, while you’re still physically and mentally healthy, will make things considerably easier for you and your loved ones when the time comes.


CFOs at the Biggest U.S. Companies Lasted Only 3.5 Years in Post 
(CFO) - Average CFO pay rose from $2.4 million in 2016 to $3.5 million in 2021 — a 40% increase over the five years.


Why Were Old Computers All Beige? 
(How-to-Geek) - It's been a long time since computers came in 50 shades of beige.


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