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Biden’s IRS is using scare taxes to discourage legitimate tax strategies
The Hill· 3 hours agoThe IRS continues to issue press releases with cherry-picked or misleading data that cast long...
House GOP takes up Fox-fueled campaign to cut IRS tax enforcement
Media Matters· 1 hour agoFox News made a concerted effort to stir up opposition to increased enforcement funding for the IRS...
IRS Launches Last-Minute Audits Aimed at Puerto Rico Tax Abuses
Bloomberg Law· 1 hour agoThe IRS is committing more resources to audits of wealthy Americans sheltering billions of dollars in Puerto Rico amid greater congressional scrutiny of the agency’s enforcement ...
IRS Document Upload Tool Hits One Million Submissions As Team In Charge Gets Award Nod
Forbes· 1 day agoThe IRS has accepted its one millionth taxpayer submission using the Document Upload Tool. The tool...
IRS is expanding its free filing program. Here's what that means for taxpayers.
Yahoo Finance via AOL· 1 day agoDirect File, the IRS’s free online tax filing tool, is here to stay. Yahoo Finance chatted with...
IRS announces tax-free payments for thousands
Newsweek· 1 day agoThe Internal Revenue Service (IRS) made the announcement on Wednesday, after determining that a derailment qualifies as "an event of a catastrophic...
Supreme Court Backs IRS In Corporate Redemption Estate Tax Case
Forbes· 1 day agoClosely held corporations often enter into agreements to redeem a shareholder's stock after death to...
No, stimulus checks are not coming from the IRS or California in 2024. Don't fall for false rumors
Fast Company Magazine· 3 days agoWho wouldn’t want another stimulus check? The government checks were a big help to many families...
Weekly IRS Roundup May 27 – May 31, 2024
The National Law Review· 22 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...
More Guidance on Energy Community Bonus Credit Released by IRS
Bloomberg Law· 2 hours agoThe IRS has issued additional guidance on the bonus tax credits for clean energy projects built in communities that have depended on fossil fuels. Clean-energy companies and ...