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IRS is expanding its free filing program. Here's what that means for taxpayers.
Yahoo Finance· 9 hours agoDirect File, the IRS’s free online tax filing tool, is here to stay. Yahoo Finance chatted with...
Federal prosecutors accuse IRS employee of stealing Exxon’s taxes
The Washington Times· 4 hours agoProsecutors say he then accessed an IRS database and reassigned $2,021,986.40 in tax credits from...
House Republicans aim to end IRS’s Direct File in 2025 appropriations bill
FedScoop· 3 hours agoGOP’s Financial Services and General Government Appropriations Bill, released this week by committee Chair Tom Cole, R-Okla., targets the IRS’s ...
Why Some Taxpayers With Unprocessed ERC Claims Should Consider Filing a Refund Lawsuit | JD Supra
JD Supra· 11 hours agoWith the IRS showing no sign of lifting its moratorium on processing Employee Retention Tax Credit (ERC) claims filed after September 14, 2023, businesses whose unpaid, legitimate ...
IRS announces tax-free payments for thousands
Newsweek· 7 hours agoThousands of Americans do not have to pay tax on the payments they were given for the fallout of last year's catastrophic train derailment in East...
IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
Midland Reporter-Telegram· 20 hours agoMost people who received money from Norfolk Southern in the wake of last year's fiery train...
Former IRS employee from Utah charged after trying to steal millions from government
KTVX via Yahoo News· 14 hours agoS. Department of Justice said. Court documents allege ...scheme from July 2021 to March 2024 to...
If You Invested Last Year's $2,812 Average Tax Refund In Nvidia Stock, Here's How Much It Would Be...
Benzinga via Yahoo Finance· 1 day agoIn the previous tax season, the IRS issued nearly 95 million refunds totaling over $266 billion. As...
IRS Direct File is here to stay and will be available to more Americans next year
USA TODAY via Yahoo Finance· 7 days agoThose who don’t qualify can still use the free fillable forms. IRS Free File was criticized for...
Former Nonprofit Unable to Sue IRS Over Revoked Tax Exemption
Bloomberg Law· 22 hours agoThe US Tax Court rightfully dismissed a former nonprofit’s lawsuit seeking to resurrect its tax exempt status on the basis that it was a suspended corporation at the time ...