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Weekly IRS Roundup May 27 – May 31, 2024
The National Law Review· 3 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 27, 2024 – May 31, 2024. May...
IRS is expanding its free filing program. Here's what that means for taxpayers.
Yahoo Finance via AOL· 13 hours agoDirect File, the IRS’s free online tax filing tool, is here to stay. Yahoo Finance chatted with...
Democrats fume over proposed IRS cuts
The Hill via Yahoo News· 5 hours agoDemocrats are fuming mad over Republican proposals to scale backIRS funding and defund the agency’s new free online tax filing system. House Ways and...
IRS extends tax deadlines for Collin, Denton county residents
Community Impact· 3 hours agoTexas after severe storms hit the area in late May. Taxpayers within select counties will now have...
How the IRS took this really big step toward digital service
Federal News Network· 5 hours agoTom Temin And we should acknowledge team members Darnita Trower and Gerald Johnson were cohorts with...
Court sides with IRS on tax of shareholders’ life-insurance policies - SCOTUSblog
SCOTUSblog· 1 hour agoJustice Clarence Thomas’s opinion for a unanimous court on Thursday in Connelly v. Internal Revenue...
IRS announces tax-free payments for thousands
Newsweek· 11 hours agoThe Internal Revenue Service (IRS) made the announcement on Wednesday, after determining that a derailment qualifies as "an event of a catastrophic...
IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
Associated Press via Yahoo News· 1 day agoMost people who received money from Norfolk Southern in the wake of last year's fiery train...
Fix Backlog in Tax Adjustment Documents, Watchdog Tells IRS
Bloomberg Law· 3 hours agoThe IRS inaccurately reported nearly 500,000 source documents from 2023 tax adjustments that also failed to be updated in a timely manner, a Treasury Inspector General for ...
House Republicans aim to end IRS’s Direct File in 2025 appropriations bill
FedScoop· 7 hours agoDuring a week in which the IRS announced a notable milestone for one of its signature digital initiatives, Republicans on the House Appropriations Committee released a proposal ...