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IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 4 days agoThe verification letter is sent out, even if you're not claiming any improper credits, if the IRS...
IRS office flooded with hundreds of people looking for tax refund
Newsweek· 6 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
Federal court issues injunction closing 3 CT tax businesses permanently. They had 10,000+ customers.
Hartford Courant· 1 day agoThe U.S. federal court has issued a permanent injunction closing three Connecticut tax preparation...
Volunteer tax preparers help Calhoun County residents garner $3.7M in refunds
The Battle Creek Enquirer via Yahoo Finance· 8 hours agoIt’s like working a job and you do a fabulous job getting it done. I appreciate...
Connecticut tax preparer issued injunction, prohibited from preparing people's tax returns: US DOJ
FOX61· 16 hours agoA Connecticut tax preparer and his businesses were issued a permanent injunction May 21, preventing...
Will the IRS’s Free Direct File Option Be Back Again in 2025?
The State· 5 days agoDuring the 2024 tax filing season, the IRS says more than 140,000 Americans filed for free using the tool. During the 2024 tax filing ...
Bank of America appeals IRS win in $163 mln bank merger tax fight
Reuters· 7 days agoS. Circuit Court of Appeals that a judge “rewrote” a key federal tax provision when he substantially...
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
Forbes· 6 days agoThe IRS will extend the Free File program through October 2029, following an agreement to continue...
US Beats Taxpayer’s Lawsuit Over Foreign Tax Credit Omission
Bloomberg Law· 6 days agoThe US government defeated a taxpayer’s lawsuit seeking a refund of federal income tax payments she alleges were overpaid due to an agency ...
You could score a tax break for hiring your own kids this summer — if you follow the rules
CNBC· 1 day agoIf you're self-employed, hiring your kids could provide tax benefits — provided you follow labor...