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Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 4 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 8 hours agoAnd taxpayers who receive notices that they need to verify their identity must pay attention to the...
Intuit Stock Slumps After Warning TurboTax Could Lose 1 Million Free Users
Investopedia· 11 hours agoIntuit said that it expects those who pay nothing to use TurboTax will...projects total TurboTax...
Proposed Treasury Regulations Provide Guidance on Stock Buyback Excise Tax for Redemptions and M&A...
JD Supra· 11 hours agoOn April 12, 2024, the Treasury Department and Internal Revenue Service (IRS) issued proposed Treasury Regulations (REG-115710-22) providing ...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 2 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
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 ...
IRS announces extension of Free File program through 2029 - ABC Columbia
ABC Columbia· 1 day agoThe Internal Revenue Service has extended its Free File Tax Program through 2029.
Berkeley County business owners plead guilty to tax fraud
The Martinsburg Journal· 15 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 ...
Intuit's TurboTax Lost 1 Million Free Users This Tax Season
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Intuit Inc. shares fell the most in more than 18 months after the company reported...
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 ...