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Taxes: IRS waives penalty for taxpayers with tax bills from 2020 and 2021
Yahoo Finance via AOL· 5 months agoNearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion...
Inflation relief checks like Michigan proposal might not be taxed. IRS doesn't know yet.
Detroit Free Press via Yahoo News· 1 year agoOn Friday, the Internal Revenue Service issued a "stay tuned" alert of sorts that could delay the...
Why the IRS says to expect smaller tax refunds this year
The Hill via Yahoo News· 1 year agoThe IRS is warning taxpayers at the opening of the 2023 tax filing season that they should expect...
'This is a gift': The IRS is waiving $1 billion in penalties for Americans that owe back taxes —...
Moneywise via AOL· 6 months agoMillions of Americans who owe back taxes to Uncle Sam are being given what amounts to a “get out of...
IRS says it won't tax California's Middle Class Tax Refund
LA Times via Yahoo Finance· 1 year agoIn guidance late Friday afternoon, the IRS said California's Middle Class Tax Refund and similar...
Rebate money belongs to Arizonans, not IRS, AG Kris Mayes argues in suit against feds
AZCentral | The Arizona Republic via Yahoo News· 4 months agoThe Internal Revenue Service's decision to tax the rebates received by nearly 750,000 Arizona...
The IRS is going after scammy firms pushing a small business tax credit
Yahoo Finance via AOL· 9 months agoPop-up companies aggressively pushing a small business tax credit may soon be in hot water with the...
Deferred Social Security Tax Payment Due by End of Year, IRS Warns
GoBankingRates via AOL· 2 years agoIf you deferred paying part of your 2020 Social Security tax liability due to COVID-19 relief...
Maine officials believed relief checks were tax exempt -- but never asked the IRS
Portland Press Herald, Maine via Yahoo News· 1 year agoFeb. 9—Two Maine lawmakers who helped negotiate $850 relief checks for Maine taxpayers said Thursday that state officials had assured them that the IRS considered the payments tax free. But ...
Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Detroit Free Press via Yahoo Finance· 1 month agoThousands of taxpayers in metro Detroit and elsewhere are dealing with the ugly fallout from some...