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IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 6 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
Is it too late to get tax relief?
CBS News· 7 days agoTax season has come and passed but, for many, the burden of owing taxes is still a concern. While most Americans receive tax refunds, there are millions...
Dirty Dozen 2024 | JD Supra
JD Supra· 5 days agoOn 4/11/24, the IRS concluded the release of the Dirty Dozen 2024. The Dirty Dozen is an annual taxpayer awareness campaign which began in 2002 listing twelve scams and schemes ...
JD Supra: Missing the Tax Court’s 90-Day Deficiency Deadline – Now What?
JD Supra· 5 days agoOver the years, I have observed there is only one thing that a taxpayer fears more than being notified by the IRS that their income tax return for a particular taxable year ...
Here's What Happens When Your Accountant Fails to File Your Tax Return on Time
The Motley Fool via AOL· 6 days agoIf your accountant fails to file your tax return on time but you're due a refund from the IRS,...
Federal court issues injunction closing 3 CT tax businesses permanently. They had 10,000+ customers.
Hartford Courant· 2 days agoA U.S. federal court has issued a permanent injunction closing three Connecticut tax preparation...
Tax fraud conviction for virtual tax preparation business owner in Dallas
The Port Lavaca Wave· 7 hours agoA man who falsely inflated numerous client tax returns has been convicted of 33 counts of tax fraud,...
Underpayment Penalty: What It Is, How to Avoid It - NerdWallet
Nerdwallet· 7 days agoWhat is an underpayment penalty? An underpayment penalty is a charge the IRS imposes on taxpayers...
401(k) Contribution Limits 2024
GoBankingRates via AOL· 2 days agoFor example, let’s say Employer 1 offers 100% matching contributions up to 3% of your total salary and...to benefit more from deferring taxes. To ensure...
Tax Breaks: As Summer Begins, The Tax World Shows No Signs Of Cooling Off
Forbes· 4 days agoMemorial Day marks the official start of summer. While there are disputes about the origin of...