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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...
Is Private Placement Life Insurance the Next IRS Tax Enforcement Target? | The Legal Intelligencer
Law.com· 3 days agoAlthough this funding did and continues to fill important IRS needs for tax enforcement resources,...
IRS Document Upload Tool Hits One Million Submissions As Team In Charge Gets Award Nod
Forbes· 2 days agoThe IRS has accepted its one millionth taxpayer submission using the Document Upload Tool. The tool...
Tax Executives Need to Broaden Focus, Stay Agile, Seek Clarity
Bloomberg Law· 14 hours agoTax executives should be aware of regulatory and economic shifts in international tax, intersections with other tax areas, and how these ...
Julie Jason: The IRS electronic filing program continues to expand, and that's good
Stamford Advocate· 24 hours agoMost — 137,394 million — were e-filed either by the taxpayer or a tax professional. The Free File...
Tax Court: IRS Must Adhere to BBA Regulations' Plain Language | JD Supra
JD Supra· 5 days agoNo. 10 (2024), that the petitioning partnership had properly elected into the Bipartisan Budget Act of 2015 (BBA)1 procedures for the year in issue. As a result, the Notice of Final Partnership ...
IRS's Tax Payment Platform Will Soon be Free, Available to 50 States
iTech Post· 7 days agoThe Internal Revenue Service's free tax payment platform, Direct File, will soon be available to all...
IRS makes free tax return program permanent and is asking all states to join in 2025
WBRZ 2 Baton Rouge· 6 days agoThe IRS said it will make permanent the free electronic tax return filing system that it...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 2 days agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
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...
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