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IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 1 day agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 7 days agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't ...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 4 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability can be harsh ...
5 Things You Should Know Now About IRS Form 3520-A
Forbes· 3 days agoIRS Form 3520, these persons may have separate requirements to file IRS Form 3520-A. Worse yet, the penalties for failing to
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Forbes· 3 days agoThe reality is filing the Form 706 is not only best practice. Over the past few years, there have...
Kelly Bullis: IRS says it’s increasing audit rates
Nevada Appeal· 3 days agoYou know one of the most wonderful feelings in life is knowing the IRS may be considering an audit of your business and or personal tax returns. Now that...
Hutch's Jewelry murder: Dan Hutchinson's wife testifies about relationship with lawyer, business...
FOX 2 News Detroit· 7 days agoThe wife of the murdered Oak Park jeweler Dan 'Hutch' Hutchinson gave hours of gripping testimony...
This retirement account can be 'triple-tax efficient' for teens this summer, advisor says
CNBC· 12 hours agoIf your kids are working summer jobs, it's a prime opportunity to help them open a retirement...
Case: Petitioner Failed to Review Joint Return and Knew Expenses Were Not Deductible, No Eligibility...
Bloomberg Law· 16 hours agoRequesting Petitioner was not eligible for further relief from joint and several liability under I.R.C. §6015(f) after the IRS granted proportionate relief under §6015(c), the U.S. Tax Court held, sustaining ...
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 7 days agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...