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A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The Wall Street Journal· 1 day agoMeanwhile the number of affected tax filers rose to 14 million from 12 million. Overall, the agency...
Weekly IRS Roundup June 3 – June 7, 2024
The National Law Review· 2 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 3, 2024 – June 7, 2024.
IRS impersonation scams target seniors
KTVF Fairbanks· 11 hours agoFalse information and scams are constantly on the rise, and unfortunately many of them target senior members of our community. The Internal Revenue < ...
IRS, federal agencies warn seniors of scams
KHON 2 Honolulu· 16 hours agoAs part of continuing efforts to protect the senior community, the Internal Revenue Service issued a warning about the rising threat ...
Trump Floats Tax-Free Tips for Workers. That Could Mean More Tipping for Customers.
The Wall Street Journal· 5 days agoTrump’s idea would make tipping a more valuable form of compensation—and thus increase tipping, said...
IRS update as letters spark anxiety: 'It's annoying'
Newsweek· 3 days agoSeveral taxpayers have reported anxiety after receiving erroneous letters from the Internal Revenue Service claiming they haven't paid ...
First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund
New York Times· 24 hours agoIf a thief files a fraudulent return using your tax information and pilfers your refund, you’ll have to wait an average of 675 days to get the money rightfully owed to you ...
No, the IRS is not sending out $8,700 stimulus checks
ABC 10 Sacramento· 3 days agoDuring the COVID-19 pandemic, the Internal Revenue Service (IRS) sent out three rounds of economic...
Fact Check: About Those $8,700 Stimulus Checks the IRS Is Supposedly Issuing to Qualifying Americans
Snopes via Yahoo News· 4 days agoUSA.gov says consumers can report to the FTC any "free money" scams they receive in the form of...
IRS Heeds Call to Investigate Misuse of Puerto Rican Residency Tax Benefits | JD Supra
JD Supra· 3 days agoTime...is seeking to avoid potential prosecution or a civil penalty. Prompted by congressional scrutiny of the Internal Revenue Service
