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IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 6 hours agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 5 hours agoAs of November 2023, more than 2.6 million source documents needed processing — a 241 percent...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 23 hours agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...
IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 7 hours agoThe IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention...
Timothy Holdiness: Protect Our Seniors: Crack Down on IRS Impersonation Scams
McComb Enterprise-Journal· 5 hours agoAs part of ongoing efforts to safeguard our senior community, the IRS recently issued a warning about a surge in impersonation scams targeting older adults in Mississippi ...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via Yahoo Finance· 6 days ago“Before the pandemic, about three-quarters of filers typically got refunds. Now about 65% do. The ...
IRS Nixes Two Requirements for Research Credit Refund Claims
Bloomberg Law· 2 days agoThe IRS is waiving two requirements that taxpayers submit certain information with their research credit refund claim, the agency said Tuesday. Taxpayers ...
IRS warns against scams targeting; joins other federal agencies to recognize special awareness day
The Post and Courier· 16 hours agoIn continuing efforts to protect the senior community, the Internal Revenue Service today issued a warning about the rising threat of impersonation scams.
How Do EV Tax Credits Work?
Car and Driver via Yahoo News· 9 hours agoIn 2024, several EVs are eligible for the federal government's tax credit program, which can reduce what you owe the IRS by up to $7500 for a single tax...
Want More Money in Retirement? Here's How Much Your Current Tax Returns Could Be Worth
The Motley Fool via AOL· 2 days agoImage source: Getty Images According to the IRS, the average refund for the 2023 tax year was around...