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IRS makes Direct File a permanent option
Mashable· 15 hours agoWhen it launched earlier this year, Direct File offered eligible taxpayers in select states the opportunity to file their taxes directly with the IRS,...
IRS announces changes coming to how Americans in all 50 states file taxes
The Republican· 13 hours agoNext year, the Direct File free tax filing initiative piloted in some states in 2024 will become a...
Disputing FBAR With the IRS Requires Novel, Nuanced Arguments
Bloomberg Law· 2 hours agoTaxpayers and practitioners have grown accustomed to courts siding with the US government in cases on Reports of Foreign Bank and Financial Accounts, or FBAR. It’s possible for a taxpayer to ...
IRS sues Ohio doctor whose views on COVID-19 vaccinations drew complaints
Associated Press· 14 hours agoThe lawsuit, filed last month in federal court in Cleveland, claims Sherri Tenpenny didn’t pay taxes...
IRS makes free tax return program permanent and is asking all states to join in 2025
WKMG ClickOrlando· 5 days agoThe IRS said Thursday it will make permanent the free electronic tax return filing system that it...
IRS Removal of Automatic Accounting Methods Sure to Disappoint
Bloomberg Law· 1 day agoThe IRS’s April revision to its automatic accounting method procedures means taxpayers now must obtain IRS consent in a formal letter ruling to change part ...
IRS update gives tax filing boost to millions
Newsweek· 4 days agoThe Internal Revenue Service (IRS) has announced it will extend and expand its Direct File option for the 2025 tax filing season. The IRS launched its...
FTX settles $24 billion debt with the IRS for $885 million
WJET - WFXP Erie· 2 hours ago(WJET/WFXP) — FTX, the now-bankrupt cryptocurrency exchange, announcing a settlement for a nearly...
IRS makes major change for residents in all 50 states
Birmingham News· 21 hours agoIt will become permanent for tax filers in 2025 and expanded for more taxpayers in the coming years....
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 1 day agoDonations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you get something in return. How does the IRS determine if a purported ...