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I Owed the IRS More Than $10,000 This Tax Season. Here's How I Handled It
The Motley Fool via AOL· 8 hours agoSo think about your total income picture, including money you earn from savings or stock...
IRS says taxpayers who filed suspicious returns with key tax credits must verify their IDs
Detroit Free Press via Yahoo Finance· 12 hours agoThe IRS consumer alert states that a series of tax scams and inaccurate social media advice drove...
Weekly IRS Roundup May 13 – May 17, 2024
The National Law Review· 7 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 13, 2024 – May 17, 2024.
Will the IRS’s Free Direct File Option Be Back Again in 2025?
The State· 1 day agoDuring the 2024 tax filing season, the IRS says more than 140,000 Americans filed for free using the tool. During the 2024 tax ...
IRS extends Free File tax program through 2029
CNBC· 2 days agoThe IRS has extended the Free File program through 2029, continuing its partnership with a coalition of private tax software companies that allow most...
Dirty Dozen 2024 | JD Supra
JD Supra· 15 hours agoThe Dirty Dozen 2024 is an IRS educational effort on behalf of the public and has the purpose of raising awareness as it relates to cyber criminals and deceptive activities ...
Partnership Beats IRS In Tax Court: BBA Election Held Valid
Forbes· 17 hours agoIn SN Worthington Holdings LLC v. Comm’r, 162 T.C. No. 10 (May 22, 2024), a partnership made an election to have its audit conducted under the new Bipartisan Budget Act of 2015 (BBA) partnership ...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press via Yahoo Finance· 5 days agoThe IRS had four special Saturday, no-appointment-needed events this tax season, February, March,...
IRS update offers boost to millions of taxpayers
Newsweek· 1 day ago"This multiyear agreement will also provide certainty for private-sector partners to help with their future Free File planning." The agency introduced...
Is it too late to get tax relief?
CBS News· 2 days agoTax season has come and passed but, for many, the burden of owing taxes is still a concern. While most Americans receive tax refunds, ...