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Tax Return Preparer’s Mistakes Or Fraud: Innocent Taxpayer Takes Hit
Forbes· 2 days agoThis means the IRS can look back as far as it wants, no matter how long ago the tax return was...
Oregon is first state to join free filing option for federal taxes
Oregon Capital Chronicle via Yahoo News· 7 hours agoWhen Oregonians file their federal taxes next year, they’ll have a new free option. According to a...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 5 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
Want More Money in Retirement? Here's How Much Your Current Tax Returns Could Be Worth
The Motley Fool via AOL· 6 days agoImage source: Getty Images According to the IRS, the average refund for the 2023 tax year was around...
COMMENTARY: IRS’s Direct File folly is a costly distraction from needed reforms
Las Vegas Review-Journal· 5 days agoAnother neglected priority while the IRS was developing Direct File was complying...IRS’ 2023...
1 Compelling Reason to Open a Roth IRA in 2024
The Motley Fool via AOL· 9 hours agos Credit is nonrefundable, you would not receive a refund for the remaining $100. Essentially, the Saver's Credit allows you to put some ...
Trump turns over tables with tariff talk
The Bradford Era· 1 day agoWhen former President Donald Trump told Senate Republicans last week that he was thinking about replacing the income tax with an “all-tariff policy,” he...
IRS Finalizes 2024 Federal EV Tax Credit Rules: Key Updates on Eligibility - EconoTimes
EconoTimes· 7 days agoThe IRS has finalized its 2024 regulations for the federal tax credit program for electric vehicles,...
IRS warns against scams targeting; joins other federal agencies to recognize special awareness day
The Post and Courier· 5 days agoScammers frequently fabricate urgent scenarios, such as outstanding debts or promises of significant prize winnings. Victims may be falsely informed that they owe the IRS ...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 5 days agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk...