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IRS office flooded with hundreds of people looking for tax refund
Newsweek· 3 days agoAn IRS office in Detroit was flooded with hundreds of taxpayers chasing their tax refunds, and many...
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 20 hours agoAnd taxpayers who receive notices that they need to verify their identity must pay attention to the...
US, Citigroup End $183 Million Tax Refund Fight After Nine Years
Bloomberg Law· 1 day agoover a 35-year-old statute that resulted in a $183 million tax refund judgment for the bank. Each side bears its own costs, according to filings in the ...
Springfield business owner indicted for timeshare fraud, not paying taxes
KOLR - KSFX Ozarks· 11 hours agoSPRINGFIELD, Mo. — A Springfield business owner has been indicted in federal court for timeshare fraud and failing to pay thousands in federal taxes. According to a press release from the U.S. Atto…
JD Supra: Missing the Tax Court’s 90-Day Deficiency Deadline – Now What?
JD Supra· 13 hours agoOver the years, I have observed there is only one thing that a taxpayer fears more than being notified by the IRS that their income tax return for a particular taxable year ...
What Is a Tax Credit?
Tri-City Herald· 5 days agoHere’s what you need to know about popular tax credits and how to claim them. Luckily, applying tax credits can lower your federal income tax< ...
How to Get the 2024 EV Tax Credit and Save Big on an Electric Car
Best Life· 6 days agoEnter: the EV tax credit. If you qualify for the electric vehicle tax credit, which has been around...
Washington Co. treasurer, controller settle lawsuit over tax form requirement
The Uniontown Herald Standard· 2 days agoFlickinger and Sloane agreed to a settlement on May 13, and it was approved by Washington County...
COVID-19 Payroll Tax Refund Claim Assistance: ERTC Eligibility Check Updated
Digital Journal· 5 days agoFollowing a new update, LP Consulting now offers a simplified process for SMBs who want to see if they qualify for the ERTC (Employee Retention Tax Credit.) By providing its ...
Valero Sues for Over $37 Million in Tax Credits for Biomass Fuel
Bloomberg Law· 3 days agolaunched another lawsuit seeking federal alternative fuel tax credits, this time claiming an excise tax refund of up to $37.2 million ...