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The IRS owes money to thousands of people in the Carolinas, but time is running out to get it
WSOC via Yahoo Finance· 3 days agoThere are nearly 40,000 people in North Carolina and South Carolina who are owed money by the ...
How Long Are You Required To Keep Your Old Tax Returns?
Forbes· 5 days agoAs you complete your 2023 taxes, you may wonder how long you are required to keep your old tax...
Delayed VAT refunds scored - BusinessWorld Online
BusinessWorld· 4 days agoTHE GOVERNMENT must push for stricter penalties against internal revenue officers who cause delays in value-added tax (VAT) refund claims ...
IRS Continues Auditing Employee Retention Credit Claims for Fraud, Offers Protection for At-Risk...
Law.com· 3 days agoOver the past year, the Internal Revenue Service (IRS) has discovered billions of dollars in potentially fraudulent Employee Retention ...
What Is the Earned Income Tax Credit, and How Does It Work?
Modesto Bee· 1 day agoWhen you file taxes every year, it’s crucial to check which tax credits you may qualify for because they can decrease your bill or boost your refund. One of the most popular ...
Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows
New York Times· 5 days agoFormer President Donald J. Trump used a dubious accounting maneuver to claim improper tax breaks...
Tax Exempt Entities May be Eligible to Receive Direct Cash Payments of Tax Credits | JD Supra
JD Supra· 4 days agoSection 6417 of the Internal Revenue Code was added by the Inflation Reduction Act of 2022 (IRA). The section provides that eligible taxpayers may...
New audit points to fraud potential in tax credit program for biofuels
South Dakota Searchlight via Yahoo News· 3 days agoThe Treasury Inspector General for Tax Administration, or TIGTA, examined compliance procedures at...
IRS Offers Update On Contractor Data Leak, Touts New Taxpayer Protections
Forbes· 3 days agoThe contractor, Charles Edward Littlejohn, pleaded guilty to unauthorized disclosure of tax return...
Biden White House highlights a coming showdown with GOP over 2017 tax cuts that are due to expire
The News-Times· 6 days agoThe winner of November's presidential election will face an epic challenge next year with the coming...