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Was Your Confidential Information Leaked from the IRS?
The National Law Review· 4 hours agoSome of the nation’s wealthiest individuals had their tax return information unlawfully accessed or...
U.S. tax gap expected to grow to $688 billion
The Center Square· 7 hours agoTaxpayers pay the vast majority of federal taxes on time and without much encouragement from the IRS. U.S. taxpayers paid 85% of taxes voluntarily and on...
House Republicans aim to end IRS’s Direct File in 2025 appropriations bill
FedScoop· 11 hours agoThe House GOP’s Financial Services and General Government Appropriations Bill, released this week by committee Chair Tom Cole, R-Okla., targets the IRS’s Direct File program ...
IRS update gives tax filing boost to millions
Newsweek· 7 days agoThe Internal Revenue Service (IRS) has announced it will extend and expand its Direct File option for the 2025 tax filing season. The IRS
IRS's Tax Payment Platform Will Soon be Free, Available to 50 States
iTech Post· 6 days agoThe Internal Revenue Service's free tax payment platform, Direct File, will soon be available to all...
Democrats fume over proposed IRS cuts
The Hill via Yahoo News· 9 hours agoDemocrats are fuming mad over Republican proposals to scale backIRS funding and defund the agency’s new free online tax filing system. House Ways and...
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 4 days agoDonations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you get something in return. How does the IRS determine if a purported ...
People who got Norfolk Southern relief money after Ohio train derailment won’t be taxed on it, IRS...
Market Watch· 1 day agoThe people receiving money to relocate, repair homes and pay medical bills after the February 2023...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 1 day agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
Cannabis Taxes: Weight, Potency Or Price? Impact On Businesses, Patients And Consumers
Benzinga· 9 hours agoPresident Biden's decision to reschedule cannabis could free up over a billion dollars in tax breaks...
