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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...
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.
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
Moneywise via Yahoo Finance· 7 hours agoWhen Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age...
25 Investigates: Identity theft tax fraud leading to long waits for refunds
FOX 25 Boston· 4 days agoAccording to an annual report by the National Taxpayer Advocate, “Individuals who are victims of...
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...
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 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...
3 Roth IRA Rules Everyone Should Know
The Motley Fool via AOL· 2 days agoLet's say you contribute $10,000 to a Roth IRA that grows into $110,000 over time. That means you get to walk away with a $100,000 gain without paying...
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...
