Search results
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 4 days agoOn Wednesday, the Internal...identity has been verified, they may need to amend their tax return to...
IRS sends message to thousands of Americans
Newsweek· 6 hours ago"The Internal Revenue Service reminds taxpayers living and working outside the United States to file their 2023 federal income tax return
IRS Reminds Foreign Nationals Abroad of June 17 Tax Deadline
Bloomberg Law· 7 hours agoTaxpayers living and working outside the US must file their 2023 federal income tax return by June 17, the agency said Tuesday.
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...
IRS Eliminates 2024 RMDs for IRA Beneficiaries
Time Magazine· 1 day agoIRA beneficiaries take note: On April 16, 2024, the Internal Revenue Service (IRS) released new tax guidance under Notice 2024-35 exempting individual...
How to Convert After-Tax Dollars From 401(k) to IRA
SmartAsset via Yahoo Finance· 3 hours agoContributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to...
Will I Owe Taxes if I Sell My Home?
MediaFeed via AOL· 4 days agoYou can also refer to IRS Publication 523, Selling Your Homeopens pdf file, which has a worksheet to determine your home’s basis and any gain you can...
Federal court issues injunction closing 3 CT tax businesses permanently. They had 10,000+ customers.
Hartford Courant· 1 day agoThe permanent injunction issued by the U.S. District Court for the District of Connecticut is...
Tenth Circuit Reinforces Plain Meaning Rule in IRS Church Audit Protections Case | Law.com
Law.com· 9 hours agoTaxpayers and the Internal Revenue Service (IRS) frequently disagree over the meaning of tax...
To Combat Biofuel Tax Credit Fraud, We Need a Proactive Approach
Bloomberg Law· 13 hours agoThe audit showed that many credits are awarded to taxpayers without proper documentation, making the credit system highly susceptible to fraud. Biofuel tax credits intend ...