Search results
IRS Suffers Another Defeat Related To Civil Penalties In Tax Court
Forbes· 6 days agoThe IRS suffered another defeat in the U.S. Tax Court focused on civil penalties and automatic...
IRS Free Tax Filing Pilot Saved Consumers $5.6 Million In Prep Fees - Slashdot
Slashdot· 3 days agoThe free tax filing pilot from the IRS that rolled out in 12 states last month saved filers an estimated $5.6 million in tax preparation fees for federal returns, said < ...
Supreme Court Passes on First Amendment Challenge to IRS Summons
Bloomberg Law· 20 hours agoThe US Supreme Court declined on Monday to review a tax planner’s claim that the IRS improperly requested his bank records with the goal of chilling his speech. David Bishop ...
IRS to use AI like 'night vision goggles' to find American's dodging tax
TweakTown· 7 days agoInternal Revenue Service commissioner has outlined how the tax collection agency will use AI to help...
IRS Notice 2024-35: (Another) Temporary Waiver for Certain RMDs
The National Law Review· 7 days agoOn April 16, 2024, IRS released Notice 2024-35 extending temporary relief for certain required...
IRS Spent $24.6 Million on Free Tax Filing Tool in Pilot Season
Bloomberg Law· 4 days agoThe IRS’s free electronic filing tool pilot cost $24.6 million, significantly below early estimates, as the agency confronts a critical turning point on the future of the ...
140,000 people did their taxes with the free IRS direct file pilot. But program’s future is unclear
Courthouse News Service· 4 days agoThe IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file...
140,000 people did their taxes with the free IRS direct file pilot. But program's future is unclear
KAAL Austin· 4 days agoThe IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file...
IRS Issues Guidance for Advanced Energy Project Credit
Bloomberg Law· 19 hours agoThe IRS issued new guidance for taxpayers seeking Section 48C advanced energy production tax credits, announcing plans for the next round of credit allocations and clarifying some procedures in the guidance.
IRS Leak Leaves Rich Taxpayers Frustrated With Few Legal Options
Bloomberg Law· 1 day agoWealthy taxpayers who learned in recent weeks that their data was stolen in a widespread breach years ago are hesitating to sue the IRS because the damages they’d get in a win are so small.
