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IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press· 3 hours agoThe IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits...
IRS update offers boost to millions of taxpayers
Newsweek· 1 day agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free ...
Proposed Treasury Regulations Provide Guidance on Stock Buyback Excise Tax for Redemptions and M&A...
The National Law Review· 17 hours agoOn April 12, 2024, the Treasury Department and Internal Revenue Service (IRS) issued proposed...
Berkeley County business owners plead guilty to tax fraud
The Martinsburg Journal· 10 hours agoThe owners of three businesses based in Inwood pleaded guilty to tax fraud, having failed to pay $300,000 in income taxes. Mark L. Peters, 55, and Aimee...LLC and Allied Light ...
IRS announces extension of Free File program through 2029 - ABC Columbia
ABC Columbia· 20 hours agoThe Internal Revenue Service has extended its Free File Tax Program through 2029.
Experts eye tax changes ahead of Trump-era cuts’ sunset
Oregon Capital Chronicle via Yahoo News· 49 minutes agoWASHINGTON — The race to harness the tax code is in full swing as economists and advocates across...
Six Items that Could Trigger an IRS Audit
WealthManagement.com· 2 days agoThe Internal Revenue Service recently announced its plans to significantly increase audits on the wealthiest taxpayers, large corporations ...
JD Supra: Newly Proposed Regulations on Stock Buyback Excise Tax Largely Adopt Approach From Initial...
JD Supra· 6 days agoOn April 12, 2024, the Treasury Department (Treasury) and Internal Revenue Service (IRS) issued proposed regulations (89 FR 25980 and ...
IRS Updates PTC and ITC Domestic Content Bonus Guidance | JD Supra
JD Supra· 1 day agoOn May 16, 2024, the Internal Revenue Service (IRS) issued further guidance (Notice 2024-41, the Additional Notice) intended to provide ...
Intuit's TurboTax Lost 1 Million Free Users This Tax Season
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- Intuit Inc. reported tax season revenue that exceeded estimates as more customers...