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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· 2 days agoFiguring out that portion, however, isn't so easy. Different variables could dictate what your total...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press via Yahoo Finance· 7 days agoSome tried to do so over the phone but were told that they needed to show up in person. Some filed...
3 Roth IRA Rules Everyone Should Know
The Motley Fool via AOL· 3 days agoThat means you get to walk away with a $100,000 gain without paying the IRS a dime of it. However, you should know that you need to have earned income to...
Will I Owe Taxes if I Sell My Home?
MediaFeed via AOL· 2 days agoAs mentioned, owning your home for at least two years makes you eligible for the capital gains tax exclusion. You can check TaxFoundation.org for current...
Surprise! Here Are 3 Lesser-Known Income Sources the IRS Can Tax
The Motley Fool via AOL· 4 days agoNow, it's bad enough having to lose a chunk of your paycheck to taxes. But it's not just job-related...
Got a Tax Extension? Here's Why You Might Still Want to File Your Return in May
The Motley Fool via AOL· 4 days agoAnd you probably won't know what your tax bill amounts to until you file your return and finalize...
25 Investigates: Identity theft tax fraud leading to long waits for refunds
FOX 25 Boston· 4 days agoAccording to an annual report by the National Taxpayer Advocate, “Individuals who are victims of tax...
IRS may raise jackpot withholding level to $5,800
Las Vegas Review-Journal· 6 days agoIRS Commissioner Danny Werfel appeared to back such a move during a recent appearance in Congress...Because the threshold has not kept up with inflation,...
How a Biden Presidency Could Impact Tax Policies for the Rich
GOBankingRates via Yahoo Finance· 4 days agoThis election year is a fierce fight between current President Joe Biden and former President Donald...
Tax breaks cost the federal government over $1 trillion a year
Marketplace· 2 days agoThe winners of the federal elections in November will have the opportunity to reshape the nation’s ...