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Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Wall Street Journal· 8 hours agoThe Internal Revenue Service declared its foray into online tax preparation a success and is now...
Biden's capital gains tax proposal could crush the economy, experts say
AOL· 20 hours agoPresident Biden's latest proposal to hike the top capital gains tax rate to its highest level in...
140,000 people did their taxes with the free IRS direct file pilot. But program's future is unclear
San Francisco Chronicle· 7 hours agoThe IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file...
Behind the Scenes: Understanding IRS Operations from a Former Agent's Perspective
TechBullion· 16 hours agoThe Internal Revenue Service (IRS) is the U.S. federal agency responsible for tax collection and tax...
Feds Release Final Rules on Clean Energy Tax Credits
POWER Magazine via Yahoo Finance· 11 hours agoRenewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept....
Ted Cruz could be in trouble with the IRS
Newsweek· 3 days agoTexas Senator Ted Cruz may face scrutiny from the Internal Revenue Service (IRS) over payments linked to his podcast, according to tax experts. Questions...
Inglewood man gets 18 months for falsifying tax returns
KTLA articles via Yahoo Finance· 12 hours agoAn Inglewood man was sentenced to 18 months in prison on Wednesday for underreporting income he...
Missed the April tax-filing deadline? File quickly to avoid penalties and interest
Lexington Clipper-Herald· 2 days agoThe Internal Revenue Service encourages taxpayers who missed the April tax-filing deadline to file a...
The IRS’ challenge to TurboTax and H&R Block is working
Quartz· 8 hours agoBlock to flourish — despite their exhaustively documented history of problems. In spite of years of...
Sports Team Owners Can Still Win on Taxes Despite IRS Scrutiny
Bloomberg Law· 20 hours agoThe Internal Revenue Code can provide massive tax benefits to acquirers of sports franchises, as the full purchase price can typically be expensed over ...