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IRS Form 8879: How to e-file your tax return through a tax professional
TheStreet.com· 6 days agoIRS Form 8879 serves as your electronic go-ahead to file taxes online. What is IRS Form 8879? Think of IRS ...
IRS Says Direct File Will Be A Permanent, Free Tax Filing Option In All 50 States
Forbes· 5 days agoDirect File will be a permanent, free tax filing option—that's the word from the U.S. Department of...
IRS makes free tax return program permanent and is asking all states to join in 2025
WPRI Providence· 4 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· 22 hours 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 ...
5498 Series Forms Are Due to the IRS Today; Meet the Deadline With TaxBandits!
Digital Journal· 4 days agoROCK HILL, SC / ACCESSWIRE/ May 31, 2024 / Today marks another important IRS deadline for filing 5498 Series forms and distributing recipient copies as needed. This series ...
Form 7206: New self-employed health insurance deduction
TheStreet.com· 5 days agoForm 7206 is the newly-introduced IRS form that self-employed taxpayers use to figure their deduction for health insurance costs. < ...
Wash-sale rule: What is it, examples, and penalties
TheStreet via Yahoo Finance· 18 hours agoWhether stock or securities are “substantially identical” depends on all the facts and circumstances of your particular case. The wash sale rule doesn’t...
IRS Direct File is here to stay and will be available to more Americans next year
USA TODAY via Yahoo Finance· 4 days agoDirect File, the IRS’ free electronic tax filing system, is here to stay and will be available to...
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 ...
IRS Expanding Program That Lets Taxpayers File Directly For Free
HuffPost· 5 days agoThe Internal Revenue Service said Thursday it will ramp up a program that allows taxpayers to...