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IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 2 hours agoThe IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 2 hours agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
Timothy Holdiness: Protect Our Seniors: Crack Down on IRS Impersonation Scams
McComb Enterprise-Journal· 19 minutes agoAs part of ongoing efforts to safeguard our senior community, the IRS recently issued a warning about a surge in impersonation scams targeting older adults in Mississippi ...
Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
USA TODAY via Yahoo News· 8 hours ago"An opinion in favor of the Moores had the potential to upend many areas of current U.S. tax law,...
Want More Money in Retirement? Here's How Much Your Current Tax Returns Could Be Worth
The Motley Fool via AOL· 1 day agoImage source: Getty Images According to the IRS, the average refund for the 2023 tax year was around...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via Yahoo Finance· 5 days agoExploring the refund riddle Given its reputation as more opaque than a pile of red tape, the IRS...
How Do EV Tax Credits Work?
Car and Driver via Yahoo News· 3 hours agoIn 2024, several EVs are eligible for the federal government's tax credit program, which can reduce what you owe the IRS by up to $7500 for a single tax...
IRS warns against scams targeting; joins other federal agencies to recognize special awareness day
The Post and Courier· 11 hours agoIn continuing efforts to protect the senior community, the Internal Revenue Service today issued a warning about the rising threat of impersonation scams.
First-time homebuyer guide
Bankrate via Yahoo Finance· 2 hours agoThat’s how it’s often defined by a variety of first-time homebuyer grants and loan programs. For some tax purposes, the IRS qualifies ...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 2 days agoThe IRS’s backlog of Employee Retention Credit claims has soared to 1.4 million as it sifts through what it believes to be hundreds of thousands of improper ...