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IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Gannett via AOL· 1 day agoThe IRS crackdown on what appears to be extensive fraud involving key but obscure tax credits...
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.
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...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
Moneywise via Yahoo Finance· 10 hours agoWhen Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age...
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...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 3 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
IRS extends Free File tax program
The Hill via Yahoo Finance· 3 days agoThe IRS tax filing program that allows citizens to use certain corporate tax filing software for free is being extended through 2029, the agency...
IRS Obsoletes Dated Guidance For Tax Exempt Organizations
Bloomberg Law· 1 day agoThe IRS released a revenue procedure and revenue ruling obsoleting previous guidance for certain exempt organizations.
What’s Next For ERC Refund Claims Pending With The IRS?
Forbes· 3 days agoThe latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most...
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...