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Turns out people like filing their taxes for free
Axios· 7 days agoCatch up fast: A small part of the 2022 Inflation Reduction Act funding was used to assess the feasibility of a direct tax filing operation. The IRS...
Yellen touts success of IRS pilot program that allowed direct free filing of tax returns
North Dakota Monitor via Yahoo News· 6 days agoThe agency “met or exceeded” goals for the filing season and “successfully” […] The post Yellen...
Roth IRA conversion: Here’s everything you need to know before converting
Bankrate via AOL· 12 hours agoIf you convert a Roth 401(k) into a Roth IRA, you skip the tax hit, because they’re both after-tax...
Yellen: Treasury exploring ways to expand free tax filing program
The Hill via AOL· 6 days agoTreasury Secretary Janet Yellen told lawmakers Wednesday that the department is looking into ways to...
Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here’s how...
CNBC· 7 days agoThe Internal Revenue Service says more than $1 billion in unclaimed tax refunds from the 2020 tax...
Ask the Expert: House of Representatives Passes $78 Billion Tax Package
Central New York Business Journal· 2 days agoThe bill was approved with bipartisan support and will temporarily expand the Child Tax Credit and...
The IRS may owe you hundreds of dollars from years ago. You have days left to collect.
KREM.com Spokane· 16 hours agoYou may be owed hundreds of dollars by the IRS. Generally the deadline to claim old refunds falls...
County official who put stadium tax on ballot sought suite tickets as talks were in play
Kansas City Star via Yahoo News· 14 hours agoFrank White Jr., for instance, noted on his 2022 and most recent 2023 forms that he got a free...
Time almost up for SC taxpayers to get their share of $12.5M, IRS says. Here’s how to get yours
The State McClatchy via AOL· 4 days agoBelow are some options, according to the IRS. Request...are missing Forms W-2, 1098, 1099 or 5498...
New Guidance from the Treasury Department on 1% Corporate Stock Buyback Tax | JD Supra
JD Supra· 23 hours agoTreasury Department ("Treasury") issued proposed regulations (which can be found here) and reporting requirements (which can be found here) providing further guidance on the non-deductible 1% ...