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More home sales trigger capital gains tax. Here's how it works and how to avoid it.
The Week via Yahoo Finance· 5 days agoThat's because of the home sale exclusion, which offers a tax break for homeowners who meet certain...
Three tax refunds that are raising alarms with IRS
Newsweek· 5 days agoThe IRS is warning taxpayers they may need to amend their returns if they filed for three specific tax credits. Many Americans may have fallen victim to...
Congressional Democrats Urge IRS to Expand Free Direct File Tax-Prep Program
Barrons.com· 5 days agoBEST PRACTICES Direct File, the IRS’ free online tax-preparation program that was launched on a...
...Want to Give Money to My Son and Daughter-in-Law. How Much Can I Give Without Incurring a Tax...
SmartAsset via Yahoo Finance· 7 hours agoHow much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS?...
25 Investigates: Identity theft tax fraud leading to long waits for refunds
WFXT via Yahoo Finance· 1 hour agoAn identity fraud victim said within two days of 25 Investigates calling H&R Block about her...
Bank of America appeals IRS win in $163 mln bank merger tax fight
Reuters· 4 hours agoCircuit Court of Appeals that a judge “rewrote” a key federal tax provision when he substantially...
Hundreds wait in long lines at IRS offices in Detroit to verify IDs and get tax refunds
Detroit Free Press via Yahoo Finance· 2 days agoMany times, returns that try to inflate refunds aren't signed by the tax preparers, which is a huge...
IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media
Forbes· 5 days agoThe IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led...
IRS Warns Taxpayers They May Be Scam Victims If They...Big Refunds; Misleading Advice Leads to False...
Sierra Sun Times· 7 days agoWASHINGTON — The Internal Revenue Service issued a consumer alert on Tuesday following ongoing concerns about a series of tax scams and inaccurate social media advice that ...
IRS warns of tax scams; some with false or frivolous claims risk prosecution
WJLA· 6 days agoThe IRS said it has found thousands of dubious claims sharing common themes. People who seemingly...