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Free direct filing of federal taxes may be offered soon throughout the U.S.
Ohio Capital Journal via Yahoo News· 5 days agoWASHINGTON — Taxpayers across the United States could be guaranteed a free public option to file...
People who got Norfolk Southern relief money after Ohio train derailment won’t be taxed on it, IRS...
Market Watch· 2 days agoThe people receiving money to relocate, repair homes and pay medical bills after the February 2023...
U.S. tax gap expected to grow to $688 billion
The Center Square· 1 day 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...
IRS announces changes coming to how Americans in all 50 states file taxes
The Republican· 4 days agoNext year, the Direct File free tax filing initiative piloted in some states in 2024 will become a...
If You're Not Saving in One of These Retirement Accounts, You Could Be Missing Out on Serious Money...
The Motley Fool via AOL· 15 hours agoWe know what IRS tax brackets look like today. But we don't know what they'll look like 10, 20, or...
IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
WBNS-10TV Columbus· 2 days agoU.S. Sen. Sherrod Brown said it shouldn't have taken the IRS this long to realize the derailment was...
IRS: Many train derailment payments are tax-free
WKBN 27 Youngstown· 2 days agoOhio Senator Sherrod Brown announced Wednesday that most reimbursements that Ohioans received from Norfolk Southern related to the East Palestine train...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 5 days agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer ...
IRS can tax death benefits used to purchase stocks, high court rules
Courthouse News Service· 2 days agoContractual agreements to purchase shares of deceased CEOs do not diminish the value of those...
My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains. How Can I Mitigate...
SmartAsset via Yahoo Finance· 4 days agoHow can I mitigate this situation? -David As capital gains distributions are unpredictable and...