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IRS makes Direct File a permanent option
Mashable· 5 days agoThe government agency recently announced that it's making the Direct File pilot program permanent. When it launched earlier this year, Direct File...
JD Supra: I Made a Mistake on My Taxes – Now What Do I Do?
JD Supra· 14 hours agoMistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed ...
National Taxpayer Advocate Calls Out IRS on International Information Return Penalties | JD Supra
JD Supra· 5 days agoS. Tax Court to challenge the assessment of these penalties. Collins pointed out that, contrary to expectations, these penalties disproportionately...
IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
Midland Reporter-Telegram· 3 days agoMost people who received money from Norfolk Southern in the wake of last year's fiery train...
Treasury Accuses GOP Of Siding With Tax Evaders In Direct Tax Filing Fight
HuffPost via Yahoo Finance· 4 days agoWhile it’s unlikely anything more than temporary funding to get past the election will make it into...
FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim
Forbes· 5 days agoFTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break....
How the Legal Aid Society helps low-income taxpayers
Gannett via AOL· 6 days agoIt is Tennessee’s largest nonprofit law firm. On the www.las.org website, she wrote about the ...Tax Credit: “Parents making around minimum wage get the...
Halliburton Seeks $11 Million Tax Break For 2010 Nigeria Payment
Bloomberg Law· 2 days agoThe company sued Thursday in the US District Court for the Southern District of Texas, challenging the IRS’s denial of an $11.4 million refund& ...
IRS decides people who got money from Norfolk Southern after Ohio train derailment won't be taxed on...
WKYC Cleveland· 3 days agoThe railroad estimates that it has paid more than $21 million to residents in East Palestine and...
Former Nonprofit Unable to Sue IRS Over Revoked Tax Exemption
Bloomberg Law· 3 days agoThe US Tax Court rightfully dismissed a former nonprofit’s lawsuit seeking to resurrect its tax exempt status on the basis that it was a suspended corporation at the time ...