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Millions of taxpayers face Monday deadline to pay IRS
Scripps News via AOL· 4 days agoThe Internal Revenue Service issued a reminder that taxpayers who don't have their taxes held by...
US Treasury, IRS to close $50 billion tax loophole on partnerships
Reuters via Yahoo Finance· 4 days agoWASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close...
Democrat asks IRS to investigate nonprofit with ties to Kari Lake campaign, legal team
Arizona Mirror via Yahoo News· 19 hours agoPinal County Democrats Chair Lisa Sanor is asking the Internal Revenue Service to investigate a...
Latest IRS effort to target wealthy tax cheats could raise $50 billion over a decade
CNN via AOL· 4 days agoThe Internal Revenue Service announced Monday its latest move to crack down on wealthy tax cheats –...
Sen. Cruz introduces bill to make tips exempt from federal income taxes
FOX Business· 14 hours agoEXCLUSIVE: Sen. Ted Cruz, R-Texas, on Thursday introduced legislation that would exempt tips from...
IRS plans to close major tax loophole for wealthy, raise $50 billion in the process
Scripps News via AOL· 3 days agoThe Internal Revenue Service is cracking down on a "major tax loophole" that wealthy individuals,...
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
KEYT 3 Santa Barbara· 13 hours agoIRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
How Do EV Tax Credits Work?
Car and Driver via Yahoo News· 13 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...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via AOL· 6 days agoThe federal government simply isn’t distributing tax refunds the way it used to. According to ...
IRS Issues Basis Shifting Guidance for Partnerships, Proposes Reporting Requirements | JD Supra
JD Supra· 2 days agoThe Internal Revenue Service (IRS) and U.S. Department of Treasury recently issued guidance to curtail what they consider abusive basis ...