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IRS: $1 Billion in Unclaimed Tax Refunds, File Deadline May | Entrepreneur
Entrpreneur· 5 days agoThe IRS estimates that it has more than $1 billion in unclaimed refunds due to one million Americans...
Feds Go After DiCaprio Pal Over Alleged $8M Debt
The Daily Beast· 4 hours agoThe IRS says Hollywood producer Chuck Pacheco spent millions on art, cars, and poker instead of paying the government. Pacheco, who is not only a...
Final Regulations Issued on Direct-Pay Elections and Transfer of Tax Credits | JD Supra
JD Supra· 2 days agoThe final regulations provide guidance on the two options for monetizing...
Treasury Department and IRS Issue Final Regulations Regarding the Transferability of Tax Credits...
JD Supra· 6 days agoTreasury and the IRS reject relief from the application of the passive activity limitations to credit transferees, the ability of credit transferors to receive advance payments ...
IRS commissioner warns of worse customer service, lower tax collection if budget is cut
CBS Austin· 5 days agoIRS commissioner Daniel Werfel has made several pleas to lawmakers to leave the agency’s budget...
Trucking company owner ignored $1.2M IRS tab, indictment says - TheTrucker.com
The Trucker· 4 days agoAn Ohio trucking company owner has been indicted for failing to pay the federal government more than...
Week in Insights: IRS Is Happy to Trade Refunds for Compliance
Bloomberg Law· 7 days agoIRS would want to quietly pocket the unclaimed refunds, but it has good reason to motivate all taxpayers to file. The US tax system operates on a voluntary basis—each taxpayer ...
Our View: Pilot shows Direct File works and should be expanded
The Eagle-Tribune· 2 days agoDirect File is an upgrade over the IRS’ longstanding E-file system, which was practical only for the most simple of returns. Rolled out this year in 12 ...
FAT Brands Chairman Andy Wiederhorn Accused of Hiding $47 Million from Federal Agents and Investors
QSR· 2 days agoWiederhorn, assisted by former FAT Brands...taxable income and evading millions in taxes. This also...
IRS urged to probe tax-exempt groups supporting anti-Israel protests
Fox News· 2 days agoSen. Joni Ernst, R-Iowa, called on Internal Revenue Service (IRS) Commissioner Danny Werfel in a...