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SC folks who do these summer activities could get tax breaks in 2025, IRS says. What to know
The State via Yahoo Finance· 6 days agoAlso, if taxpayers are paid through payment apps for goods and services, they may receive an IRS ...
Employer group asks the IRS to ease health paperwork
BenefitsPRO· 2 days agoThe large-employer group put two health plan reporting change proposals on a wish list it sent the IRS last week. Another would let employers send...
I'm Getting Divorced. How Will My Taxes Change?
SmartAsset via Yahoo Finance· 1 hour agoIf you're getting a divorce, the tax implications probably are not the most pressing issue on your mind. The specifics of filing taxes after divorce and...
Tennesseans may be familiar with the IRS' newest tax filing program that is here to stay
The Tennessean via Yahoo News· 6 days agoTaxpayers using this program can’t itemize deductions, report income from sources such as independent contractor work (Form 1099-NEC), report health insurance gained from ...
IRS Removal of Automatic Accounting Methods Sure to Disappoint
Bloomberg Law· 3 days agoThe IRS’s April revision to its automatic accounting method procedures means taxpayers now must obtain IRS consent in a formal letter ruling to change part ...
IRS makes free tax return program permanent and is asking all states to join in 2025 - WSVN 7News |...
7 News Miami· 7 days agoThe IRS said Thursday it will make permanent the free electronic tax return filing system that it...
IRS Opening Free Online Tax Filing Program To All States - Slashdot
Slashdot· 7 days agoThe free online tax filing program known as IRS Direct File will be made permanent for the 2025 tax season, with all 50 states and Washington D.C. invited to participate.
IRS announces extension of Free File program through 2029
Char-Koosta News· 7 days agoService announced today an extension of the current Free File program through 2029 following an...
IRS Direct File App to Return for 2025, Welcome Taxpayers in More States
PC Magazine· 7 days agoThe Internal Revenue Service is moving Direct File out of beta and taking that free tax-prep app...
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 3 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 ...