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IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 1 day agoThe IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
Moneywise via AOL· 4 hours agoWhen Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 3 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 1 day agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
I Owed the IRS More Than $10,000 This Tax Season. Here's How I Handled It
The Motley Fool via AOL· 1 day agoImage source: The Motley Fool/Upsplash Many people who file a tax return wind up getting a refund...
How fast must you empty an inherited IRA account to comply with the IRS’s updated rules? Suze Orman...
Moneywise via Yahoo Finance· 4 days agoIn each year since the new rules were announced, including 2024, the IRS has waived the need for an...
What’s Next For ERC Refund Claims Pending With The IRS?
Forbes· 2 days agoThe latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 2 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
Council Post: Three Ways Business Owners Can Reduce The Risk Of An IRS Audit
Forbes· 1 day agoThe fear of an IRS audit is such a common fear among business owners. The thought of having to look...
IRS update offers boost to millions of taxpayers
Newsweek· 2 days agoThe Internal Revenue Service (IRS) announced on Wednesday that its program allowing taxpayers to file their taxes online for free, Free File, will be...