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IRS Notifies Thousands of Taxpayers That They Were Victims of a Data Breach
The National Law Review· 5 hours agoOn April 12, 2024, the Internal Revenue Service began notifying thousands of taxpayers that their...
Americans are running out of time to claim $1 billion in tax refunds
Newsweek· 12 hours agoAmericans have a little more than two weeks to claim tax refunds before they disappear from Internal...
Yellen touts success of IRS pilot program that allowed direct free filing of tax returns
Nevada Current via Yahoo News· 9 hours agoRevenue Service saw a successful tax filing season, providing high levels of customer service,...
IRS Releases Final Tax Credit Sale Regulations
The National Law Review· 9 hours agoLate last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released final regulations relating to transfers of certain tax...
So you’re getting audited by the IRS. What should you do next?
The Hill· 10 hours agoThe just-completed tax season is plunking another 160 million tax returns on the IRS’s front...
Can the IRS Seize Your Tax Refund? 4 Reasons They Can (and How To Avoid It)
GOBankingRates via Yahoo Finance· 1 day agoAccording to data from the IRS, the average tax refund in 2024 has been $3,011, an increase of 4.6%...
IRS Waives 2024 RMDs For Inherited IRA Beneficiaries
Forbes· 3 days agoThe IRS has just waived some Inherited IRA RMDs again for 2024. This is the fourth year in a row that the IRS has kicked the can down the road for people...
Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here’s how...
CNBC· 10 hours agoAround 940,000 people across the U.S. have until May 17 to submit their 2020 tax returns and claim...
IRS issues advice to small businesses
Newsweek· 1 day agoThe IRS has issued a range of advice for small businesses this tax season as they look to make the most of their finances under the government's rules....
Stark County man gets federal prison term for helping his father cheat IRS
The Canton Repository· 6 hours agoMan from North Canton area sentenced to serve a year and a day. Christopher Karasarides conspired...