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IRS Foreign Trust Reporting Plan Offers Rare Chance to Influence
Bloomberg Law· 2 days agoTaxpayers and their advisers have a rare chance to influence how the IRS should regulate foreign trusts and large foreign gifts, and they shouldn’t let that chance go to waste ...
IRS Opens Bonus Tax Credit Program for Low-Income Communities
Bloomberg Law· 2 days agoThe application portal for the 2024 Low-Income Communities Bonus Credit Program is now open, the Treasury Department, IRS, and Department of Energy announced Tuesday.
IRS announces extension of Free File program through 2029 - ABC Columbia
ABC Columbia· 7 days agoThe Internal Revenue Service has extended its Free File Tax Program through 2029.
Council Post: Three Ways Business Owners Can Reduce The Risk Of An IRS Audit
Forbes· 6 days agoThe fear of an IRS audit is such a common fear among business owners. The thought of having to look...
Palos Hills woman says IRS sent tax bills for $50K in railroad retirement income she never earned
ABC 7 Chicago· 2 days agoWhat if you were asked to pay income taxes on nearly $50,000 that you never received? When she...
I Owed the IRS More Than $10,000 This Tax Season. Here's How I Handled It
The Motley Fool· 6 days agoMany people who file a tax return wind up getting a refund from the IRS within a few weeks of submitting it. As someone who's self-employed, I'm used to not getting money ...
IRS’s AI system to flag returns for audit may include unintended bias, report finds
FedScoop· 7 days agoThe IRS’s primary tool for flagging tax returns for audit is a “first-wave” AI system that includes...
At some CT private high schools, administrator salaries reach seven figures
Stamford Advocate· 2 days agoRunning an elite private high school in Connecticut can be a seven-figure job, tax documents show....
Dave Ramsey Says Take Social Security at Age 62, But Only If You Do This With Each Check
GOBankingRates via Yahoo Finance· 25 minutes agoIt's safe to say that financial guru Dave Ramsey is no fan of Social Security, having called the...
Consumer alert: IRS warns taxpayers they may be scam victims if they filed for big refunds;...
The Post and Courier· 24 hours agoGiven the questionable nature of many of these claims, the IRS has frozen the refunds for these taxpayers. Taxpayers have to follow several specific steps to resolve these ...