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Last Minute Reminder: Filing Deadline For Most Tax-Exempt Organizations Is May 15
Forbes· 3 days agoWhile tax season is over for many taxpayers (except those of us still on extension), tax-exempt...
Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here's how...
NBC Connecticut· 5 days agoAround 940,000 people across the U.S. have until May 17 to submit their 2020 tax returns and claim...
U.S. Rep. Gwen Moore calls for federal investigation into SDC as agency works to finish 800 clients'...
Milwaukee Journal Sentinel via Yahoo News· 1 day agoThe recently shuttered Social Development Commission is working with the IRS to wrap up taxes for...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Associated Press· 2 days agoThe study said the IRS disproportionately audited people who claim the Earned Income Tax Credit,...
Drilling down on those Direct File numbers
Politico· 6 days agoAll of that has fed into criticism of Direct File from private tax preparation firms, some of whom also believe that the IRS is underselling ...
IRS Publishes Proposed Regulations on Stock Buyback Excise Tax | JD Supra
JD Supra· 4 days agoOn April 12, 2024, the US Department of the Treasury and the IRS published proposed regulations (89 FR 25980 and 89 FR 25829, the “Proposed Regulations”) on the application ...
Justice Department Seeks Injunction Against Modesto, California Tax Return Preparer for Allegedly...
Sierra Sun Times· 7 days agoThe Justice Department filed a civil complaint last Thursday in the U.S. District Court for the Eastern District of California against a California tax return preparer. The ...
Time almost up for SC taxpayers to get their share of $12.5M, IRS says. Here’s how to get yours
The State· 2 days agoThe deadline is nearly here for South Carolina taxpayers to claim their share of $12.5 million, the IRS says. Here’s what to know.
Backdoor Roth IRAs Are Promising—and Perilous
The Wall Street Journal· 2 days agoFor determined savers, the backdoor Roth IRA is an important tool. It’s easy to see why: Roth IRAs offer both tax-free growth and tax ...
It's Tax Day. And your refund may be big this year
McComb Enterprise-Journal· 3 days agoThe IRS is promoting the improvements its made to its customer service since its received tens of billions in new funds through Democrats' Inflation.... Agency leadership ...