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House Republicans are attacking the IRS. Here’s how they want to cut $2 billion in funding.
Market Watch· 5 hours agoThe bill “reins in wasteful spending and takes steps to prevent agencies like the IRS from unfairly...
IRS plans to make its free tax filing program permanent
CNN via Yahoo Finance· 6 days agoDirect File was available to people with certain simple tax returns in 12 states during the 2024 tax...
A strong economy means more Americans are earning $400K. What's it mean for their taxes?
USA TODAY via Yahoo Finance· 6 days agoAnd what about audits? Biden has pledged to raise billions of dollars in new revenue by going after...
IRS Direct File Expands To All 50 States For 2025
Forbes· 7 days agoThe program has not been without its detractors, chief among them for-profit tax preparation services which have seen the advent of a public filing...
1099-DA Could Come 2025 | JD Supra
JD Supra· 18 hours agoOn 4/19/24, the IRS published draft Form 1099-DA for reporting digital asset proceeds from broker transactions. This early draft release may change based on decisions made ...
Carillon developer Eric Sheppard catches big break on potential prison sentence
Miami Herald via Yahoo Finance· 1 day agoShe also challenged the prosecutors’ claim that Sheppard forged the signatures of others without...
Tax Breaks: Tax And Financial Literacy Matters
Forbes· 5 days agoThere are a lot of factors to consider, including whether an LLC or an S Corp will enable the creator to benefit from savings on federal income tax...
Janet Yellen warns AI in finance poses ‘significant risks’
CNN Business via Yahoo Finance· 12 hours agoTreasury Secretary Janet Yellen is expected to warn bankers and tech executives on Thursday that...
Indianapolis woman sentenced to over 5 years for fraud, tax evasion
WISH-TV Indianapolis· 2 days agoAn Indianapolis woman was sentenced to spend five and a half years behind bars for stealing $2.3...