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IRS warns taxpayers about paying massive penalties
Newsweek· 1 day agoThe Internal Revenue Service (IRS) has issued a stark reminder to taxpayers who missed their April deadline that they could face severe penalties if they...
IRS update impacts tax returns for people in two states
Newsweek· 1 day agoThe Internal Revenue Service (IRS) has offered an extension for taxpayers in West Virginia and...
U.S. Tax - How Long Does The IRS Have To Catch Me?
Forbes· 19 hours agoThe Internal Revenue Service (IRS) has a very long arm that can grab onto taxpayers many years after they have made a tax mistake, or worse. With the...
IRS is expanding its free filing program. Here's what that means for taxpayers.
Yahoo Finance via AOL· 6 days agoDirect File, the IRS’s free online tax filing tool, is here to stay. Yahoo Finance chatted with...
IRS Document Upload Tool Hits One Million Submissions As Team In Charge Gets Award Nod
Forbes· 6 days agoThe IRS has accepted its one millionth taxpayer submission using the Document Upload Tool. The tool...
Trump wants IRS to stop taxing workers’ tips, as Americans say tipping is ‘out of control’
Market Watch· 8 hours agoCould the tax rules for tip income really vanish at a time when so much of the tax code’s current...
Treasury Department and IRS Guidance Encourages Fuel Producers Eligible for Clean Fuel Production...
JD Supra· 17 hours agoOn May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) issued Notice 2024-49 for the Clean Fuel Production Credit. The ...
Biden’s IRS is using scare taxes to discourage legitimate tax strategies
The Hill· 4 days agoThe IRS continues to issue press releases with cherry-picked or misleading data that cast long...
Treasury and IRS Release Updated Guidance on Energy Communities | JD Supra
JD Supra· 17 hours agoOn June 7, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-48. This notice includes lists of information that taxpayers ...
IRS News Release: Second Quarter Estimated Tax Payments Due June 17 (IRC §6654)
Bloomberg Law· 1 day agoTaxpayers whose income is not subject to withholding is reminded that the second quarter estimated tax payment deadline is June 17, the IRS provided. Estimated tax payments are usually made ...
